CEL Corporation (TSE:5078) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.88% of its issued share capital (excluding treasury stock), for a total purchase price of ¥291.3 million. The shares will be repurchased at a price of ¥2,913 per share.

The purpose of the program is to enable flexible implementation of capital policy. As of August 31, 2023, the company has 3,467,036 issued shares (excluding treasury stock) and 24,864 treasury shares.