Nichols plc (AIM:NICL) announces a share repurchase program. Under the program, the company will repurchase up to 453,486 ordinary shares, representing 1.23% of its issued share capital. The purpose of the buyback is to meet future obligations under the company's SAYE Option Scheme and/or Long-Term Incentive Plan. The buyback will be funded from the company's existing cash resources and all ordinary shares repurchased will be held in treasury. The program will expire on August 23, 2022. As of December 14, 2021, the company has 36,968,772 ordinary shares in issue and 39,664 ordinary shares held in treasury.