OAT Agrio Co., Ltd. (TSE:4979) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 4.6% of its issued share capital (excluding treasury stock), for a total purchase price of ¥600 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and enable flexible capital policies in the future.

The program will be valid till December 31, 2023. As of June 30, 2023, the company had 10,616,047 issued shares (excluding treasury stock) and 455,953 treasury shares.