Kureha Corporation (TSE:4023) announces a share repurchase program. Under the program, the company will repurchase 1,200,000 shares, representing 6.15% of the outstanding shares for ¥10,000 million. The purpose of the program is to strengthen shareholder returns and enhance capital efficiency.

The program will run until March 31, 2024. As of March 31, 2019, the company had 19,517,437 shares outstanding (excluding treasury stock) and 1,287,970 shares in treasury.