Yamato Corporation (TSE:1967) announces an share repurchase program. Under the program the company will repurchase 159,000 shares, representing 0.62% of the outstanding shares, at ¥628 per share for ¥99.85 million. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. As of March 20, 2020, the company had 25,814,941 shares outstanding and 1,112,711 shares in treasury.