Rokko Butter Co., Ltd. (TSE:2266) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 5.84% of the outstanding shares for ¥2,113.2 million. The shares will be repurchased at the stock price of ¥1,761 per share through the off-auction own share repurchase method (ToSTNeT-3).

The purpose of the program is to enable the implementation of a flexible capital policy corresponding to the changes in the business environment. As of February 29, 2016, the company had 20,555,043 outstanding shares excluding treasury shares and 897,082 shares in treasury.