Noda Corporation (TSE:7879) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.54% of its issued share capital (excluding treasury stock), for a total purchase price of ¥307.5 million. The shares will be repurchased at a price of ¥1,230 per share.

The purpose of the program is to improve capital efficiency and implement a flexible capital policy that responds to changes in the business environment. As of October 17, 2022, the company has 16,285,114 issued shares (excluding treasury stock) and 1,054,086 treasury shares.