HKS Co., Ltd. (JASDAQ:7219) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.7% of its total shares outstanding excluding treasury shares, for a total of ¥85 million. The purpose of the repurchase program is to enable the company to implement a flexible capital policy corresponding to changes in the business environment.

The share repurchase program is valid until August 31, 2016. As of February 17, 2016, the company has 3,701,034 shares outstanding excluding treasury shares and has 298,966 shares in treasury.