Yasuhara Chemical Co.,Ltd. (TSE:4957) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 7.79% of its share capital, for ¥450 million. The shares will be repurchased at a price of ¥502 per share.

The shares will be repurchased for the purpose of improving capital efficiency and enabling flexible execution of capital policy. The program will expire on February 8, 2023. As of January 31, 2023, the company had 10,274,305 shares in issue (excluding treasury stock) and 565,358 shares in treasury.