Kubota Corporation (TSE:6326) announces a share repurchase program. Under the program, the company will repurchase up to 11,500,000 shares, representing 0.96% of its issued share capital, for a total purchase price of ¥20,000 million. The purpose of the program is to improve value per share, as a part of returning profit to shareholders.

The program will be valid till December 15, 2022. As of March 31, 2022, the company had 1,200,246,846 issued shares and 2,532 treasury shares.