Nippon Beet Sugar Manufacturing Co.,Ltd. (TSE:2108) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 4.49% of its issued share capital for ¥1,000 million. The purpose of the program is to Improve capital efficiency and enable flexible execution of capital policy in response to changes in the business environment.

As of April 30, 2023, the company had 13,353,892 shares in issue (excluding treasury stock) and 1,971,750 shares in treasury.