KAINOS Laboratories, Inc. (JASDAQ:4556) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 2.02% of its issued share capital, for total worth of ¥100 million. The shares will be purchased at a price of ¥1,026 per share. The purpose of the share repurchases is to contribute the execution of agile capital policies in response to changes in the business environment. As of September 30, 2020, the company had 4,457,204 shares in issue and 101,656 shares in treasury.