SMK Corporation (TSE:6798) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 3% of the outstanding shares for ¥500 million. The purpose of the program is to implement a flexible management in response to changes in the business environment. The program will run until March 22, 2019. As of January 29, 2019, the company had 6,665,706 shares outstanding and 834,294 shares in treasury.