Riken Technos Corporation (TSE:4220) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 4.94% stake for ¥1800 million. The company will repurchase its shares in order to implement a flexible capital policy which respond to changes in the business environment and improve capital efficiency, to contribute to shareholder returns. The repurchases will continue till March 31, 2017. As of September 30, 2016, the company had 60,739,428 shares outstanding excluding treasury shares, and 5,374,391 shares in treasury.