Japan Pure Chemical Co., Ltd. (TSE:4973) announces a share repurchase program. Under the program, the company will repurchase up to 135,000 shares, representing 2.31% of its outstanding shares excluding treasury shares for ¥300 million. The purpose of the program is to implement a flexible capital policy corresponding to the changes in the business environment.

The program is valid till September 30, 2016. As of March 23, 2016, the company had 5,841,200 outstanding shares excluding treasury shares and 476,000 shares in treasury.