Nagase & Co., Ltd. (TSE:8012) announces a share repurchase program. Under the program, the company will repurchase up to 5,500,000 shares, representing 4.82% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to further improve capital efficiency and improve corporate value.

The program will continue through October 31, 2024. As of April 30, 2024, the company had 114,053,648 issued shares (excluding treasury stock) and 385,463 treasury shares.