Katakura & Co-op Agri Corporation (TSE:4031) announces a share repurchase program. Under the program, the company will repurchase 800,000 shares, representing 8.37% of its share capital, for ¥900 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency, and to enable flexible capital policies in the future. The program will run until March 31, 2021. As of February 29, 2020, the company had 9,562,173 shares outstanding (excluding treasury shares) and 599,513 shares in treasury.