Suzuyo Shinwart Corporation (TSE:9360) announces a share repurchase program. Under the program, the company will repurchase up to 110,000 shares, representing 3.74% of its issued share capital (excluding treasury stock), for a total purchase price of ¥197.67 million. The shares will be repurchased at a price of ¥1,797 per share.

The purpose of the program is to carry out flexible capital policy in response to future changes in the business environment. As of September 30, 2023, the company had 2,941,922 issued shares (excluding treasury stock) and 58,078 treasury shares.