KENKO Mayonnaise Co.,Ltd. (TSE:2915) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.21% of its issued share capital (excluding treasury stock), at ¥2,000 per share, for ¥400 million. The purpose of the program is to implement an agile capital policies and to improve corporate value response to changes in the business environment. The program will run until February 21, 2022. As of December 31, 2020, the company had 16,475,422 shares in issue (excluding treasury stock) and 578 shares in treasury.