Torex Semiconductor Ltd. (TSE:6616) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 5.2% of its share capital, for ¥800 million. The company will repurchase its shares in order to further return profits to all shareholders, and to implement a flexible capital policy in response to changes in the business environment. The share repurchase program will run until August 30, 2019. As of February 28, 2019, the company had 11,546,172 shares outstanding (excluding treasury shares) and 8,028 shares in treasury.