Takeei Corporation (TSE:2151) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.1% of its share capital, for ¥600 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The share repurchase program will run until January 31, 2019. As of December 31, 2017, the company had 23,818,917 shares outstanding (excluding treasury shares) and 733,083 shares in treasury.