Nachi-Fujikoshi Corp. (TSE:6474) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.05% of its issued share capital (excluding treasury stock), for a total purchase price of ¥ 953.75 million.

The shares will be repurchased at a price ¥3,815 per share. The purpose of the program is to carry out agile capital policy in response to changes in the business environment. As of January 31, 2023, the company had 23,701,921 issued shares (excluding treasury stock) and 1,217,422 treasury shares.