Murakami Corporation (TSE:7292) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 1.29% of its issued share capital, for ¥759 million. The shares will repurchased at a price of ¥5,060 per share.

The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of March 19, 2024, the company has 11,670,971 shares in issue and 429,029 shares in treasury.