Chubu Suisan Co.,Ltd. (NSE:8145) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 5.68% of its issued share capital (excluding treasury stock), for a total purchase price of ¥244 million. The shares will be repurchased at a price of ¥2,440 per share.

The purpose of the program is to enable the execution of flexible capital policies in response to changes in the business environment. As of December 23, 2022, the company has 1,761,063 issued shares (excluding treasury stock) and 165,837 treasury shares.