Osaka Yuka Industry Ltd. (JASDAQ:4124) announces a share repurchase program. Under the program, the company will repurchase 20,000 shares, representing 1.87% of its share capital, at ¥1,401 per share for ¥28.02 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. As of October 31, 2019, the company had 1,066,794 shares outstanding (excluding treasury shares) and 6,706 shares in treasury.