NS Tool Co., Ltd. (TSE:6157) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.8% of its issued share capital (excluding treasury stock), for ¥200 million. The purpose of the program is to allocate to the exercise of stock options.

The program will run until March 11, 2022. As of August 31, 2021, the company had 25,033,996 shares in issue (excluding treasury stock) and 1,038 shares in treasury.