Nagaileben Co., Ltd. (TSE:7447) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.62% of its issued share capital (excluding treasury stock), for a total purchase price of ¥400 million. The shares will be repurchased at a price of ¥1,919 per share.

The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of May 16, 2022, the company has 32,392,883 issued shares (excluding treasury stock) and 5,843,117 treasury shares.