Nippon Beet Sugar Manufacturing Co.,Ltd. (TSE:2108) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 1.11% of its issued share capital (excluding treasury stock), at ¥1,681 per share, for ¥252.15 million. The purpose of the program is to enable agile capital policy execution in response to changes in the business environment.

As of January 31, 2023, the company had 13,494,084 shares in issue (excluding treasury stock) and 1,831,558 shares in treasury.