Dexerials Corporation (TSE:4980) announces a share repurchase program. Under the program, the company will repurchase 470,000 shares, representing 0.74% of its share capital, for ¥1,000 million. The company will repurchase its shares in order to improve corporate value by implementing a flexible capital policy in response to changes in the business environment.

The program will run until March 31, 2022. As of December 31, 2021, the company had 63,211,691 shares outstanding (excluding treasury shares) and 1,216,709 shares in treasury.