Fujikura Kasei Co., Ltd. (TSE:4620) announces a share repurchase program. Under the plan, the company will repurchase up to 1,000,000 shares, representing 3.06% stake for ¥500 million. Shares will be repurchased by market purchase in the Tokyo Stock Exchange. The purpose of the program is to improve shareholder return levels and to implement a flexible capital policy. The shares will be repurchased until December 19, 2016. As of March 31, 2016, the company had 32,678,667 shares outstanding and 38,211 shares in treasury.