Suzuki Co.,Ltd. (TSE:6785) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥52 million. The shares will be repurchased at a price of ¥1,040 per share.

The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of March 9, 2023, the company has 14,383,198 issued shares (excluding treasury stock) and 21,202 treasury shares.