Nippon Coke & Engineering Company, Limited (TSE:3315) announces a share repurchase program. Under the program, the company will repurchase up to 6,500,000 shares, representing 2.15% of its outstanding shares, at ¥107 per share for ¥695.5 million. The purpose of the program is to strengthen shareholder returns, enhance capital efficiency and to enable a flexible capital efficiency for the future. As of March 22, 2018, the company had 301,716,531 shares outstanding and 632,918 shares in treasury.