Yamato International Inc. (TSE:8127) announces a share repurchase program. Under the program, the company will repurchase 62,000 shares, representing 0.3% of the outstanding shares, at ¥414 per share for ¥25.67 million. The shares will be repurchased through the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of February 28, 2017, the company had 20,916,751 shares outstanding and 386,185 shares in treasury.