Nissei Plastic Industrial Co.,Ltd. (TSE:6293) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.56% of its share capital, for ¥600 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment and as part of its comprehensive shareholder return policy.

The program will run until December 31, 2023. As of April 30, 2023, the company had 19,503,295 shares outstanding (excluding treasury shares) and 2,768,705 shares in treasury.