Adjuvant Holdings Co.,Ltd. (TSE:4929) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.62% of its issued share capital for total worth of ¥52.5 million. The shares will be repurchased at a price of ¥1,050 per share.

The purpose of the program is to promptly and flexibly use the stock compensation of the company's shares in the future. The program will run till April 25, 2022. As of March 20, 2022, the company had 8,035,197 shares in issue (excluding treasury stock) and 8,403 shares in treasury.