Medical Net, Inc. (TSE:3645) announces a share repurchase program. Under the program, the company will repurchase up to 740,000 shares, representing 16.16% of its share capital, at ¥468 per share for ¥350 million. The company will repurchase its shares from the perspective of improving its capital efficiency and share value. As of August 31, 2019, the company had 4,578,785 shares outstanding (excluding treasury shares) and 807,715 shares in treasury.