Denka Company Limited (TSE:4061) announces a share repurchase program. Under the program, the company will repurchase up to 920,000 shares, representing 1.05% of its share capital, for ¥2,300 million. The company will repurchase its shares in order to flexibly carry out shareholder returns. The share repurchase program will run until January 15, 2020. As of December 31, 2018, the company had 87,673,415 shares outstanding (excluding treasury shares) and 882,425 shares in treasury.