Fuji Corporation (TSE:7605) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4.88% of its issued share capital (excluding treasury stock), for ¥1,400 million. The purpose of the program is to improve capital efficiency and strengthen shareholder returns.

The repurchased shares will be cancelled. The program will run until June 18, 2024. As of May 31, 2023, the company had 19,593,790 shares in issue (excluding treasury stock) and 376,210 shares in treasury.