Ultrafabrics Holdings Co.,Ltd. (TSE:4235) announces a share repurchase program. Under the program, the company will repurchase up to 430,000 shares, representing 5.74% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,800 million. The purpose of the program is to diversify the shareholder composition and improve liquidity in a planned manner.

The program will continue through March 27, 2023. As of June 30, 2022, the company had 7,490,982 issued shares (excluding treasury stock) and 339,618 treasury shares.