Yamashin-Filter Corp. (TSE:6240) announces a share repurchase program. Under the program, the company will repurchase up to 1,440,900 shares , representing 2% of its issued share capital, for ¥577 million.

The purpose of the program is to enhance shareholder returns and improve capital efficiency, and implement flexible capital policies that respond to changes in the business environment. The program is valid till January 31, 2024. As of September 30, 2023, the company had 72,040,288 issued shares (excluding treasury stock) and 1,010 shares in treasury.