Aqualine Ltd. (TSE:6173) announces a share repurchase program. Under the program, the company will repurchase up to 35,000 shares, representing 1.72% of its issued share capital, for the total worth of ¥22.68 million. The purpose of the repurchase program is to enable the flexible execution of capital policies in response to changes in the business environment. As of May 31, 2020, the company had 2,032,600 shares in issue and 269 shares in treasury.