KENKO Mayonnaise Co.,Ltd. (TSE:2915) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥278.1 million. The shares will be repurchased at a price of ¥1,854 per share.

The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of December 31, 2023, the company had 16,125,335 issued shares (excluding treasury stock) and 350,665 treasury shares.