S Line Co.,Ltd. (TSE:9078) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 1.8% of the outstanding shares, at ¥877 per share for ¥175.4 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of August 31, 2019, the company had 11,094,857 shares outstanding and 346 shares in treasury.