KUZE Co., Ltd (JASDAQ:2708) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 2.06% of its issued share capital excluding treasury shares, at a price of ¥751 per share for a total of ¥60.08 million. The company will repurchase its shares through the Off-Auction Own Share Repurchase Trading (ToSTNeT-3).

The purpose of the repurchase program is to implement a flexible capital policy corresponding to changes in the business environment. As of January 31, 2016, the company had 3,878,927 shares outstanding excluding treasury shares and had 3,573 shares in treasury.