Wellco Holdings Corporation (TSE:7831) announces a share repurchase program. Under the program, the company will repurchase 48,000 shares, representing 0.19% of the outstanding shares, at ¥135 per share for ¥6.48 million. Shares will be repurchased from Kansai Pabo Co., Ltd. As of April 30, 2020, the company had 24,646,110 shares outstanding and 4,690 shares in treasury.