Riberesute Corporation (JASDAQ:8887) announces a share repurchase program. Under the program, the company will repurchase 1,100,000 shares, representing 9.33% of its share capital, at ¥893 per share for ¥1,000 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. As of November 30, 2019, the company had 11,990,000 shares outstanding and 200,200 shares in treasury.