Marche Corporation (TSE:7524) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 4.76% of its common stock. The shares will be purchased at a purchase price of ¥804 per share for a total of ¥321.6 million.

Repurchases will be made through Off-auction Own Share Repurchase trading (ToSTNeT-3). The purpose of the repurchase program is to implement a flexible capital policy corresponding to changes in the business environment. As of September 30, 2015, the company had 8,398,802 shares outstanding excluding treasury shares and had 151,598 shares in treasury.