Micron Machinery Co., Ltd. (TSE:6159) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.85% of its issued share capital (excluding treasury stock), for a total purchase price of ¥72.4 million. The shares will be repurchased at a price of ¥1,448 per share.

The purpose of the program is to enable flexible execution of capital policy and financial strategy in response to changes in the business environment. As of July 31, 2023, the company had 5,878,278 issued shares (excluding treasury stock) and had 1,827,822 treasury shares.