Chubu Suisan Co., Ltd. (NSE:8145) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.56% of its share capital, for up to ¥25.7 million. The shares will be repurchased at a price of ¥257 per share, based on the closing price of a share as of February 19, 2015.

The repurchases will be made through Nagoya Stock Exchange's off-floor treasury share purchase (N-NET3). The purpose of the program is to enable the accomplishment of a flexible capital policy in response to the changes in the business environment. As of February 19, 2015, the company has 17,906,294 outstanding shares (excluding treasury shares) and 1,362,706 shares in treasury.