Sangetsu Corporation (TSE:8130) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.67% of its issued share capital, for a total purchase price of ¥2,000 million. The purpose of the program is to improve capital efficiency and increase shareholder returns. The program will be valid till January 13, 2022. As of October 7, 2021, the company had 60,400,000 issued shares (excluding treasury stock) and 1,056,904 treasury shares.