Sanrio Company, Ltd. (TSE:8136) announces a share repurchase program. Under the program, the company will repurchase 3,391,700 shares, representing 4.04% of its share capital, for ¥6,000 million. The shares will repurchased at a price of ¥1769 per share. The company will repurchase its shares in order to improve capital efficiency and to enable the implementation of a flexible capital policy. As of September 30, 2020, the company had 83,933,255 shares outstanding (excluding treasury shares) and 5,132,046 shares in treasury.