Nachi-Fujikoshi Corp. (TSE:6474) announces a share repurchase program. Under the program, the company will repurchase up to 380,000 shares, representing 1.58% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,561.8 million.

The shares will be repurchased at a price ¥4,110 per share. The purpose of the program is to carry out agile capital policy in response to changes in the business environment. The program will be valid till November 25, 2022.

As of October 31, 2022, the company had 24,082,141 issued shares (excluding treasury stock) and 837,202 treasury shares.