Hokuyaku Takeyama Holdings,Inc. (SPSE:3055) announces a share repurchase program. Under the program, the company will repurchase up to 650,000 shares, representing 2.88% of its issued share capital (excluding treasury shares) for ¥455 million. The shares will be repurchased at a price of ¥640 per share.

The company will repurchase its shares to enable the execution of agile capital policies in response to changes in the business environment. As of May 31, 2022, the company had 22,567,938 shares outstanding (excluding treasury shares) and 1,832,062 shares in treasury.