YKT Corporation (JASDAQ:2693) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 2.52% of its share capital, at ¥290 per share for ¥87 million. The company will repurchase its shares in order to improve capital efficiency and implement a flexible capital policy in response to changes in the business environment. As of May 31, 2020, the company had 11,894,450 shares outstanding (excluding treasury shares) and 12,430 shares in treasury.