Nakanippon Casting Co., Ltd (NSE:6439) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 1.32% for ¥21 million. The purpose of the program is to improve capital efficiency and enable agile capital policy according to the business environment, we are self-sufficient.

The program will expire on August 19, 2022. As of December 31, 2021, the company had 2,274,621 shares in issue (excluding treasury stock) and 31,679 shares in treasury.