Chugai Ro Co., Ltd. (TSE:1964) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.32% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100 million. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment.

The program will be valid till July 31, 2023. As of March 31, 2023, the company had 7,582,467 shares outstanding (excluding treasury shares) and 217,533 shares in its treasury.