Yurtec Corporation (TSE:1934)announces a share repurchase program. Under the program, the company will repurchase 8,250,000 shares, representing 10.38% of the outstanding shares, at ¥848 per share for ¥6,996 million. The purpose of the program is to improve profits to shareholders, taking info consideration, the company's share liquidity, market price, capital efficiency and financial status. As of January 31, 2018, the company had 79,513,918 shares outstanding and 1,710,544 shares in treasury.