Santec Corporation (JASDAQ:6777) announces a share repurchase program. Under the plan, the company will repurchase 200,000 shares, representing 1.67% of outstanding shares (treasury shares excluded) for a total of ¥100 million. The shares will be repurchased in order to improve capital efficiency and shareholder returns, and implement a flexible capital policy corresponding to business environment.

The shares will be repurchased until October 31, 2016. As of July 31, 2015, the company has 11,960,786 outstanding shares (treasury shares excluded) and 314 shares were held under treasury.