Hokko Chemical Industry Co., Ltd. (TSE:4992) announces a share repurchase program. Under the program, the company will repurchase up to 625,000 shares, representing 2.27% of its outstanding share capital for ¥300 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy which responds to changes in the business environment. The program will expire on July 11, 2018. As of June 30, 2017, the company had 29,985,531 shares outstanding and 2,436,598 shares in treasury.