Nippon Hume Corporation (TSE:5262) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 0.99% of the outstanding shares for ¥200 million. The purpose of the program is to implement a agile capital policy in response to changes in the business environment and to return profits to shareholders.

The program will run until March 22, 2022. As of March 31, 2021, the company had 25,351,272 shares outstanding (excluding treasury stock) and 3,996,228 shares in treasury.