Katakura & Co-op Agri Corporation (TSE:4031) announces a share repurchase program. Under the program, the company will repurchase 340,000 shares, representing 3.43% of the outstanding shares for ¥400 million. The purpose of the program is to strengthen shareholder returns and capital efficiency, and to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until February 29, 2020. As of January 31, 2019, the company had 9,903,219 shares outstanding and 258,467 shares in treasury.