Okamura Corporation (TSE:7994) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 1.49% of the outstanding shares for ¥2,400 million. The shares will be repurchased at a price of ¥ 1,600 per share. 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 May 27, 2021. As of May 26, 2021, the company had 100,620,640 shares outstanding and 381 shares in treasury.