Japan Transcity Corporation (TSE:9310) announces a share repurchase program. Under the program, the company will repurchase up to 180,000 shares, representing 0.28% of its share capital, at ¥426 per share for ¥76.68 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. As of July 31, 2019, the company had 64,110,887 shares outstanding (excluding treasury shares) and 3,031,530 shares in treasury.