Murakami Corporation (TSE:7292) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.01% of its issued share capital, for ¥572 million. The shares will repurchased at a price of ¥2,288 per share.

The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. As of September 20, 2022, the company has 12,407,342 shares in issue and 692,658 shares in treasury.