Nippon Gas Co., Ltd. (TSE:8174) announces an share repurchase program. Under the program the company will repurchase 2,000,000 shares, representing 1.71% of the outstanding shares for ¥4,000 million. The program will run until March 31, 2022.

As of of the end of March, 2021, the company had 116,998,992 shares outstanding (excluding treasury stock) after giving effect to stock-split and 3,592,506 shares in treasury shown including 1,474,194 shares of the company owned by the executive compensation BIP trust.