Chuo Bussan Corporation (JASDAQ:9852) announces a share repurchase program. Under the program, the company will repurchase up to 340,000 shares, representing 3.19% of its outstanding shares, at a price of price of ¥453 per share for a total of ¥154.02 million. The company will repurchase its shares through Off-auction Own Share Repurchase.

The purpose of the repurchase program is to implement a flexible capital policy in response to future changes in the business environment, and to aim for the improvement of shareholder value.