Nippon Coke & Engineering Company, Limited (TSE:3315) announces a share repurchase program. Under the program, the company will repurchase 5,000,000 shares, representing 1.69% of the outstanding shares, at ¥98 per share for ¥490 million. The purpose of the program is to strengthen shareholder returns and implement a flexible capital policy. As of March 19, 2019, the company had 295,644,848 shares outstanding and 6,704,601 shares in treasury.