Katakura & Co-op Agri Corporation (TSE:4031) announces a share repurchase program. Under the program, the company will repurchase 170,000 shares, representing 1.69% of the outstanding shares for ¥200 million. The purpose of the program is to strengthen shareholder returns, enhance capital efficiency and enable the implement a flexible capital policy in the future. The program will run until March 31, 2019. As of March 31, 2018, the company had 10,063,681 shares outstanding and 98,005 shares in treasury.