Nagase Brothers Inc. (JASDAQ:9733) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.13% of the outstanding shares for ¥500 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until September 30, 2019. As of May 7, 2019, the company had 8,847,056 shares outstanding and 1,301,353 shares in treasury.