S&B Foods Inc. (TSE:2805) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 0.57% of its issued share capital (excluding treasury stock), for ¥300 million. The purpose of the program is to improve capital efficiency and strengthen shareholder returns.

The program will run until December 14, 2022. As of September 30, 2022, the company had 12,368,067 shares in issue (excluding treasury stock) and 1,254,167 shares in treasury.