Nippon Dry-Chemical Co., Ltd. (TSE:1909) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.43% of the outstanding shares for ¥180 million. The purpose of the program is to return profits to shareholders and implement agile capital policies in response to changes in the business environment.

The program will run until December 31, 2022. As of March 31, 2022, the company had 7,001,165 shares in issue (excluding treasury stock) and 180,647 shares in treasury.