Micron Machinery Co., Ltd. (TSE:6159) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 1.28% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100.1 million. The shares will be repurchased at a price of ¥1,430 per share.

The purpose of the program is to execute flexible capital policies and financial strategies in response to changes in the business environment. As of February 29, 2024, the company had 5,476,158 issued shares (excluding treasury stock) and 2,229,942 treasury shares.