SMK Corporation (TSE:6798) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 0.76% of the outstanding shares for ¥140 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until August 30, 2019. As of June 25, 2019, the company had 6,539,035 shares outstanding and 960,965 shares in treasury.