Seikagaku Corporation (TSE:4548) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 3.56% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,500 million. The purpose of the program is to improve capital efficiency and shareholder returns.

The program will continue through December 30, 2022. As of March 31, 2022, the company had 56,246,271 issued shares (excluding treasury stock) and 567,822 treasury shares.