Paramount Bed Holdings Co., Ltd. (TSE:7187) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,100 shares, representing 3.24% of its share capital for ¥3,700.37 million. The program will run until December 30, 2016. As of November 2, 2016, the company had 28,514,580 shares outstanding and 2,362,907 shares in treasury.