Fuji Seiko Limited (NSE:6142) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 1.86% of the outstanding shares for ¥130 million. The purpose of the program is to improve shareholder returns and capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will run until February 21, 2018. As of September 30, 2017, the company had 21,533,891 shares outstanding and 2,816,060 shares in treasury.