Sanko Techno Co., Ltd. (TSE:3435) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares, representing 0.25% of its share capital for ¥24.32 million. The shares will be repurchased at ¥1,216 per share.

The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program will expire on October 19, 2023. As of September 30, 2023, the company had 7,912,065 shares outstanding (excluding treasury shares) and 833,343 shares in treasury.