Yamato Holdings Co., Ltd. (TSE:9064) announces a share repurchase program. Under the program, the company will repurchase 5,300,000 shares, representing 1.33% of the outstanding shares for ¥10,000 million. Shares will be repurchased by market purchase in the Tokyo Stock Exchange. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will run until April 30, 2017. As of December 31, 2016, the company had 398,516,019 shares outstanding and 12,823,973 shares in treasury.