Chugai Ro Co., Ltd. (TSE:1964) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥150 million. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment.

The program will be valid till July 29, 2022. As of March 31, 2022, the company had 7,675,884 shares outstanding (excluding treasury shares) and 124,116 shares in its treasury.