Wakachiku Construction Co., Ltd. (TSE:1888) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 1.7% of its share capital, for ¥300 million. The company will repurchase its shares in order to enhance shareholder returns by implementing a flexible capital policy and improving capital efficiency. The share repurchase program will run until November 29, 2019. As of March 31, 2019, the company had 12,954,547 shares outstanding (excluding treasury shares) and 10,446 shares in treasury.