Kanagawa Chuo Kotsu Co.Ltd. (TSE:9081) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.32% of its issued share capital, at a price of ¥514 per share, for a total cost of ¥102.80 million. Repurchases will be made through the off-auction own share repurchase trading method.

The purpose of the plan is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. As of July 31, 2014, the company has 61,882,902 shares outstanding excluding treasury and 1,117,098 shares held in treasury.