Sakura Rubber Co., Ltd. (TSE:5189) announces a share repurchase program. Under the program, the company will repurchase up to 55,000 shares, representing 0.56% of the shares outstanding excluding treasury shares at a purchase price of ¥320 per share (closing share price on August 25, 2015) for a total of ¥17.6 million. The company will repurchase its shares through Off-Auction Own Share Repurchase Trading (ToSTNeT-3).

The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. As of July 31, 2015, the company has 9,900,199 shares outstanding excluding treasury shares and has 219,801 shares in treasury.