Mitani Sekisan Co., Ltd. (TSE:5273) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 0.38% of its issued share capital (excluding treasury stock), for a total purchase price of ¥469 million. The shares will be repurchased at a price of ¥6,670 per share.

The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. As of February 10, 2022, the company has 18,504,077 issued shares (excluding treasury stock) and 6,482,522 treasury shares.