Chuou International Group Co., Ltd. (TSE:7170) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 1.73% of the outstanding shares for ¥15 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until December 27, 2019. As of November 13, 2019, the company had 2,898,360 shares outstanding and 439,600 shares in treasury.