Tigers Polymer Corporation (TSE:4231) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.5% of its issued share capital (excluding treasury stock), for a total purchase price of ¥53 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as enable future agile capital policies.

The program will continue through March 24, 2022. As of September 30, 2021, the company had 20,005,459 issued shares (excluding treasury stock) and 106,139 treasury shares.