Unipres Corporation (TSE:5949) announces a share repurchase program. Under the program, the company will repurchase 800,000 shares, representing 1.78% of its issued share capital, for ¥500 million. The purpose of the program is to avoid dilution of shares resulting from the disposal of treasury stock as restricted stock compensation.

The plan will be valid up to July 20, 2022. As of March 31, 2022, the company had 44,998,097 shares outstanding and 2,993,776 shares in treasury.