Yamashina Corporation (TSE:5955) announces a share repurchase program. Under the program, the company will repurchase up to 750,000 shares, representing 0.55% of its share capital, for ¥50 million. The company will repurchase its shares in order to improve the shareholder value per share and to implement a flexible capital policy in response to changes in the business environment.

The share repurchase program will run until September 30, 2022. As of June 30, 2022, the company had 136,470,659 shares outstanding (excluding treasury shares) and 7,141,106 shares in treasury.