Sakata Seed Corporation (TSE:1377) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 0.89% of the outstanding shares for ¥1,500 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement a flexible capital policy in response to changes in the business environment. The program will run until April 26, 2019. As of November 30, 2018, the company had 45,038,014 shares outstanding and 3,372,736 shares in treasury.