JASTEC Co., Ltd. (TSE:9717) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.35% of the outstanding shares, at ¥1,194 per share for ¥71.64 million. The purpose of the program is to implement a flexible capital policy and to improve capital efficiency and shareholder returns. As of November 30, 2019, the company had 17,005,438 shares outstanding and 1,281,562 shares in treasury.