Mitani Sekisan Co., Ltd. (TSE:5273) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.27% of its issued share capital (excluding treasury stock), for a total purchase price of ¥250 million. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment.

The program will continue through May 15, 2023. As of May 13, 2022, the company has 18,434,077 issued shares (excluding treasury stock) and 6,552,522 treasury shares.