Sugai Chemical Industry Co., Ltd. (TSE:4120) announces a share repurchase program. Under the program, the company will repurchase up to 65,000 shares, representing 4.73% for ¥100 million. The purpose of the program is to implement capital policies that respond to changes in the business environment, improve capital efficiency, and enhance shareholder returns.

The program will expire on August 10, 2022. As of September 30, 2021, the company had 1,373,000 shares in issue (excluding treasury stock) and 3,397 shares in treasury.