Iwatsuka Confectionery Co., Ltd. (TSE:2221) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 1.44% of its issued share capital (excluding treasury stock), for a total purchase price of ¥442.65 million. The shares will be repurchased at a price of ¥2,951 per share.
The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of March 31, 2025, the company has 10,445,152 issued shares (excluding treasury stock) and has 1,544,848 treasury shares.
