Osaka Yuka Industry Ltd. (TSE:4124) announces a share repurchase program. Under the program, the company will repurchase 40,000 shares, representing 3.77% of its share capital, at ¥1,486 per share for ¥59.44 million. The company will repurchase its shares in order to enable the execution of flexible capital policies in response to changes in the business environment.

The program is valid till November 14, 2022. As of November 11, 2022, the company had 1,061,994 shares outstanding (excluding treasury shares) and 11,506 shares in treasury