Osaka Organic Chemical Industry Ltd. (TSE:4187) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 1.58% of its issued share capital (excluding treasury stock), for ¥1,200 million. The purpose of the program is to improve corporate value by increasing capital efficiency.

The program will run until March 31, 2022. As of November 30, 2021, the company had 22,410,038 shares in issue and 256,517 shares in treasury.