S&B Foods, Inc. (TSE:2805) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, at a price of ¥4,855 per share, for a total of ¥971 million. The company will repurchase shares through Off-auction Own Share Repurchase Trading System of the Tokyo Stock Exchange.

The purpose of the repurchase program is to implement a flexible capital policy in response to changes in the business environment, along with aiming to improve capital efficiency.