Nomura System Corporation Co, Ltd. (TSE:3940) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 0.44% of the outstanding shares for ¥27.2 million. The purpose of the program is to enhance capital efficiency, to enable the implement a flexible capital policy in response to changes in the business environment and increase shareholder value per share in the future. As of October 31, 2019, the company had 11,434,800 shares outstanding and 330 shares in treasury.