NAGAWA Co., Ltd. (TSE:9663) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 0.38% for ¥605.4 million. The shares will be repurchased at a price of ¥10,090 per share.

The purpose of the program is to enhance shareholder returns and implement flexible capital policies. The program will expire on March 24, 2022. As of February 10, 2022, the company had 15,773,074 shares in issue and 584,140 shares in treasury.