S.T. Corporation (TSE:4951) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.92% of its outstanding shares excluding treasury shares. The shares will be repurchased at a price of ¥1,103 per share for ¥220.6 million.

The shares will be repurchased through the Off-Auction Own Share Repurchase Trading (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 May 25, 2015, the company had 21,850,466 outstanding shares excluding treasury shares and 1,149,534 shares in treasury.