Icom Incorporated (TSE:6820) announces a share repurchase program. Under the program, the company will repurchase 70,000 shares, representing 0.49% of its share capital. The shares will be repurchased at a price of ¥2,716 per share. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency. As of August 31, 2020, the company had 14,405,437 shares outstanding (excluding treasury shares) and 444,563 shares in treasury.