Sato Shoji Corporation (TSE:8065) announces a share repurchase program. Under the program, the company will repurchase up to 190,000 shares, representing 0.90% of its share capital, for ¥300 million. The purpose of the program is to allocate to shares to be delivered upon exercising stock options.

The repurchase program will expire on May 7, 2024. As of December 31, 2023, the company had 21,134,807 shares outstanding (excluding treasury shares) and 664,243 shares in treasury.