Nippon Gas Co., Ltd. announces a share repurchase program. Under the program, the company will repurchase up to 1,650,000 shares, representing 3.98% of its issued share capital for total worth of ¥5,000 million. The purpose of the program is to enhance the returns to shareholders and to improve its capital efficiency, based on its strong balance sheet to support the growth strategy. The program will run till April 30, 2020. As of March 31, 2019, the company had 41,475,134 shares in issue and 1,498,332 shares in treasury.