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 February 9, 2024. As of July 31, 2023, the company had 25,016,696 shares in issue (excluding treasury stock) and 18,338 shares in treasury.