Yamato International Inc. (TSE:8127) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 3.29% of outstanding shares (excluding treasury shares) for a total of ¥400 million. The shares will be repurchased in order to implement a flexible capital policy in response to changes in the business environment.

The program will continue until October 12, 2016. As of August 31, 2015, the company has 21,302,744 outstanding shares (excluding treasury shares) and 1,200,192 shares.