Kyoei Sangyo Co.,Ltd. (TSE:6973) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 1.31% of its share capital, for ¥100 million. The company will repurchase its shares in order to implement agile capital policies and return profits to shareholders in response to changes in the business environment.

The share repurchase program will run until March 24, 2022. As of January 28, 2022, the company had 3,046,457 shares issued (excluding treasury shares) and 147,088 shares in treasury.