JTEC Corporation (JASDAQ:2479) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.48% of its share capital, for ¥40 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2020. As of May 11, 2020, the company had 8,069,600 shares outstanding (excluding treasury shares) and 502,800 shares in treasury.