Nippon Filcon Co., Ltd. (TSE:5942) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 3.26% of its issued share capital for a total purchase price of ¥420 million. The purpose of the program is to carry out capital policies in response to changes in the business environment.

The program will expire on February 16, 2022. As of November 30, 2021, the company had 21,487,790 issued shares (excluding treasury stock) and 679,421 treasury shares.