CAC Holdings Corporation (TSE:4725) announces a share repurchase program. Under the program, the company will repurchase 3,000,000 shares, representing 16.27% of the outstanding shares for ¥3,000 million. The purpose of the program is to improve corporate value by improving capital efficiency and actively returning shareholder profits. The program will run until December 31, 2019. As of February 14, 2019, the company had 18,435,255 shares outstanding and 2,106,145 shares in treasury.