Parker Corporation (TSE:9845) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.59% of its share capital, for ¥73.65 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The program will run until December 23, 2020. As of September 30, 2020, the company had 25,607,181 issued shares (excluding treasury shares) and 1,194,271 shares in treasury.