Parker Corporation (TSE:9845) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 2.36% of its share capital, for ?330 million. The company will repurchase its shares in order to implement agile capital policies in response to changes in the business environment and to return profits to shareholders. The program will run until June 30, 2022. As of September 30, 2021, the company had 25,462,668 issued shares (excluding treasury shares) and 1,338,784 shares in treasury.