Sakura Rubber Co., Ltd. (TSE:5189) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.5% of its share capital, for ¥19.65 million. The shares will be repurchased at a price of ¥393 per share.

The shares will be repurchased through off auction own share repurchase mode. The purpose of the plan is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. As of July 31, 2014, the company has 9,947,914 shares outstanding (treasury shares excluded) and 172,086 shares in treasury.