Nihon Kohden Corporation (TSE:6849) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 0.3% of its issued share capital (excluding treasury stock), for ¥1,123.75 million at a price of ¥4,495 per share. The purpose of the program is to enable a flexible capital policy in response to the changing business environment.

The program will run until February 5, 2024. As of January 31, 2024, the company had 84,146,790 shares in issue (excluding treasury stock) and 4,084,190 shares in treasury.