OSJB Holdings Corporation (TSE:5912) announces a share repurchase program. Under the program, the company will repurchase 1,700,000 shares, representing 1.42% of the outstanding shares for ¥300 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2017. As of December 31, 2016, the company had 119,708,087 shares outstanding and 2,805,304 shares in treasury.