Optoelectronics Co.,Ltd. (JASDAQ:6664) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 6.08% stake at a purchase price of ¥531 per share, the closing price of August 27, 2015 for a total of ¥212.4 million. The shares will be purchased through off auction own share repurchase method.

The shares will be repurchased to enhance capital efficiency and to implement a flexible capital policy corresponding to changes in the business environment. As of May 1, 2015, the company has 6,578,000 shares outstanding (treasury shares excluded) and no shares were held under treasury.