Sasakura Engineering Co., Ltd. (TSE:6303) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.64% of its share capital, for ¥50 million. The company is repurchasing its shares through market purchases in Tokyo Stock Exchange. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which respond to changes in the business environment. The share repurchase program will run until December 21, 2016. As of October 31, 2016, the company had 15,670,512 shares outstanding excluding treasury shares, and 1,986,488 shares in treasury.