Shinden Hightex Corporation (JASDAQ:3131) announces a share repurchase program. Under the program, the company will repurchase up to 110,000 shares, representing 5.26% of its own shares for ¥187 million. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy. The plan will be valid up to January 31, 2019. As of September 30, 2018, the company had 2,093,000 shares outstanding and 17,200 shares in treasury.