Honda Tsushin Kogyo Co., Ltd. (TSE:6826) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 4.18% of the outstanding shares for ¥500 million. The purpose of the program is to use repurchased shares for M&As and the share compensation system for directors. The program will run until July 31, 2019. As of December 31, 2018, the company had 23,933,198 shares outstanding and 1,073,002 shares in treasury.