Aoki Super Co., LTD. (JASDAQ:9977) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 9.24% of its total shares outstanding excluding treasury shares, for a total of ¥1,003.2 million. The shares will be repurchased at a price of ¥912 per share, being the closing price of company's shares on October 22, 2014.

The company will repurchase its shares through Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the repurchase program is to implement a flexible capital policy corresponding to changes in the business environment. As of October 20, 2014, the company had 11,909,105 shares outstanding excluding treasury shares and had 590,895 shares in treasury.