Furuya Metal Co., Ltd. (JASDAQ:7826) announces a share repurchase program. Under the program, the company will repurchase up to 453,000 shares, representing 6.24% of its share capital, at ¥3,825 per share for ¥1,732.73 million. The company will repurchase its shares as part of its flexible capital policy in response to changes in the business environment. As of August 31, 2019, the company had 7,265,212 shares outstanding (excluding treasury shares) and 1,083,605 shares in treasury.