eBOOK Initiative Japan CO.,LTD. (TSE:3658) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 7.5% of its total shares outstanding, at a price of ¥770 per share for a total of ¥308 million. The purpose of repurchase program is to aim for the improvement of capital efficiency, and the implementation of a flexible capital policy in response to future changes in the business environment.