Asahi-Seiki Manufacturing Co.,Ltd. (NSE:6111) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 17.58% of its share capital, for ¥1,500 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until September 30, 2018. As of March 31, 2018, the company had 2,843,278 shares outstanding (excluding treasury shares) and 245,461 shares in treasury.