Matsumoto Yushi-Seiyaku Co.,Ltd. (TSE:4365) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 10.82% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,033? million.

The shares will be repurchased at a price of ¥14,380 per share. The purpose of the program is to enable flexible execution of capital policy in response to changes in the business environment. As of September 30, 2022, the company had 3,235,437 issued shares (excluding treasury stock) and 1,277,214 treasury shares.