Noda Corporation (TSE:7879) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.5% of its issued share capital (excluding treasury stock), for a total purchase price of ¥480 million. The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to changes in the business environment.

The program is valid till April 30, 2024. As of April 12, 2024, the company has 16,055,614 issued shares (excluding treasury stock) and 1,283,586 treasury shares.