Yutaka Foods Corporation (TSE:2806) announces a share repurchase program. Under the program, the company will repurchase up to 2,400,000 shares, representing 27.33% of its share capital at a price of ¥1,850 per share for ¥4,440 million. The shares will be repurchased on the Tokyo Stock Exchange, Inc. through the off-auction own share repurchase mode.

The purpose of the program is to enable the company to implement a flexible capital policy corresponding to changes in the business environment. As of August 31, 2014, the company had 8,781,652 shares outstanding excluding treasury shares and had 50,659 shares in treasury.