Ishihara Chemical Co., Ltd. (TSE:4462) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.67% of its issued share capital for ¥500 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement flexible capital policies in response to changes in the business environment.

The program is valid till October 31, 2024. As of March 31, 2024, the company had 14,926,421 shares issued (excluding treasury stock) and 1,047,259 shares in treasury.