Fine Sinter Co., Ltd. (TSE:5994) announces a share repurchase program. Under the program, the company will repurchase up to 193,000 shares, representing 4.39% of its issued share capital (excluding treasury stock), for ¥94.88 million. The shares will be repurchased at a price of ¥1,134 per share.

The purpose of the program is to return profits to shareholders, improve capital efficiency, and enable flexible implementation of capital policies in response to changes in the business environment. As of February 13, 2024, the company had 4,400,687 shares in issue (excluding treasury stock) and 19,313 shares in treasury.