Nagaileben Co., Ltd. (TSE:7447) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 1.46% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program improving capital efficiency and implementing agile capital policies in response to changes in the business environment.

As of April 4, 2022, the company has 32,872,883 issued shares (excluding treasury stock) and 5,363,117 treasury shares.