Tsugami Corporation (TSE:6101) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,150 million. The purpose of the program is to carry out agile capital policy in response to future changes in the business environment.

The program will be valid till November 7, 2022. As of June 21, 2022, the company had 50,000,000 issued shares and 2,122,000 treasury shares.