Yamanaka Co.,Ltd. (NSE:8190) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 1.15% of total outstanding shares at a price of ¥699 per share for a total of ¥153.78 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment and improve capital efficiency.

The program is valid till December 12, 2023. As of December 11, 2023, the company has 19,190,119 shares outstanding (excluding treasury stock) and 1,235,099 shares were held under treasury.