Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.74% of its share capital, for ¥900 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised.

The share repurchase program will run until December 31, 2023. As of September 30, 2023, the company had 81,031,932 issued shares (excluding treasury stock) and 1,591,444 shares in treasury.