Can Do Co., Ltd. (TSE:2698) announces a share repurchase program. Under the plan, the company will repurchase up to 350,000 shares, representing 2.16% of its outstanding shares after excluding the treasury shares, for a total of ¥500 million. The company will make market purchase in the Tokyo Stock Exchange by trust method.

The purpose of the repurchase program is to carry out a flexible capital policy corresponding to changes in the business environment and to improve shareholder returns. The program will be valid till June 30, 2016. As of November 30, 2015, the company had 16,228,200 shares outstanding excluding treasury shares and had 542,000 shares in treasury.