Aida Sekkei Co.,Ltd. (TSE:2990) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.65% of its share capital, for ¥346 million. The shares will be repurchased at a price of ¥346 per share.

The purpose of the program is to improve capital efficiency and implement agile capital policies, and will acquire treasury stock as part of our shareholder return policy. The program will expire on June 17, 2022. As of March 31, 2022, the company had 37,742,700 shares in issue (excluding treasury stock) and no shares in treasury.