Sun Corporation (TSE:6736) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.04% of the outstanding shares for ¥500 million. The purpose of the program is to restructure the company, invest for organic growth, implement agile capital policies with a view to M&A, improve capital efficiency, and return profits to shareholders.

The program will run until September 30, 2022. As of September 30, 2021, the company had 23,937,694 shares outstanding (excluding treasury stock) and 51,234 shares in treasury.