Century21 Real Estate of Japan Ltd (JASDAQ:8898) announces an share repurchase program. Under the program the company will repurchase 155,000 shares, representing 1.47% of the outstanding shares, at ¥1,161 per share for ¥179.96 million. The purpose of the program is to improve shareholder returns, enhance capital efficiency and enable a flexible capital policy. As of July 31, 2020, the company had 10,577,454 shares outstanding and 747,546 shares in treasury.