Star Micronics Co. Ltd. (TSE:7718) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.81% of its issued share capital excluding treasury shares, for a total consideration of ¥600 million. The purpose of the repurchase program is to implement flexible capital policies that meet the changes in business environment as well as improve capital efficiency, upgrading and expanding the return of profits to shareholders. The repurchased shares will be retired. The repurchase program will expire on February 21, 2018. As of December 31, 2017, the company had 37,060,338 shares in issue, excluding treasury stock and had 9,972,896 shares held in treasury.