Nihon Flush Co., Ltd. (TSE:7820) announces a share repurchase program. Under the program, the company will repurchase up to 2,300,000 shares, representing 9.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,083.80 million. The shares will be repurchased at a price of ¥906 per share.

The purpose of the program is to enable flexible execution of capital policy in response to changes in the business environment. As of July 31, 2023, the company has 25,056,758 issued shares (excluding treasury stock) and 3,242 treasury shares.