UEKI Corporation (TSE:1867) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.26% of its total shares outstanding (excluding treasury shares), for a total of ¥210 million. The purpose of repurchase program is to enhance shareholder returns and to improve capital efficiency.

The repurchase program is valid till March 31, 2023. As of September 30, 2022, the company had 6,632,853 shares outstanding (excluding treasury shares) and had 240,675 shares in treasury.