Sekisui Jushi Corporation (TSE:4212) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 4.57% of its total shares outstanding (excluding treasury shares), for a total of ¥4,500 million. The purpose of repurchase program is to improve capital efficiency and increase earnings per share, and to carry out flexible capital policy in response to changes in the business environment.

The repurchased shares will be cancelled. The repurchase program is valid till March 31, 2025. As of March 31, 2024, the company had 32,813,894 shares outstanding (excluding treasury shares) and had 499,704 shares in treasury.