Chugai Ro Co., Ltd. (TSE:1964) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 1.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥310 million. The purpose of the program is to enable the implementation of flexible capital policies in response to changes in the business environment.

The program will be valid till July 29, 2024. As of April 30, 2024, the company had 7,433,197 shares outstanding (excluding treasury shares) and 366,803 shares in its treasury.