Icom Incorporated (TSE:6820) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 0.67% of its share capital, at ¥2,508 per share for ¥250.8 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency. As of October 31, 2019, the company had 14,816,937 shares outstanding (excluding treasury shares) and 33,063 shares in treasury.