Sanritsu Corporation (TSE:9366) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 8.33% of its share capital for ¥244.5 million. The shares will be repurchased at the stock price of ¥489 per share through the off-auction own share repurchase method. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy corresponding to changes in the business environment. As of June 30, 2016, the company had 6,002,421 shares outstanding and 3,952 shares in treasury.