Sac's Bar Holdings Inc. (TSE:9990) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.36% of its share capital, for ¥500 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 share repurchase program will run until March 31, 2020. As of May 31, 2019, the company had 29,456,836 shares outstanding (excluding treasury shares) and 403,064 shares in treasury.