Hokuetsu Metal Co., Ltd. (TSE:5446) announces a share repurchase program. Under the program, the company will repurchase up to 99 shares, for ¥0.12 million. The company is repurchasing its shares using the closing price of its shares in Tokyo Stock Exchange on October 20, 2016. The company is repurchasing its shares following a reverse share-split, based on the resolution of its 100th ordinary General Meeting of shareholders last June 21, 2016.