Hachi-Ban Co., Ltd. (JASDAQ:9950) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.29% of outstanding shares (treasury shares excluded) at a price of ¥469 per share for ¥93.8 million. The repurchases will be made through off-auction own share repurchase trading method on the Tokyo Stock Exchange.

The shares will be repurchased in order to enable the implementation of a flexible capital policy corresponding to changes in the business environment. As of October 30, 2014, the company has 16,015,451 outstanding shares (treasury shares excluded) and 25,107 shares were held under treasury.