Nagase Brothers Inc. (JASDAQ:9733) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.96% of its outstanding share capital, for a total consideration of ¥1,200 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which responds to changes in the business environment. The program will expire on July 6, 2018. As of July 6, 2017, the company had 10,148,409 shares outstanding and 1,281,038 shares in treasury.