Rasa Industries, Ltd. (TSE:4022) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.76% of its share capital, for ¥100 million. The company will repurchase its shares for appropriation to treasury stock to be delivered to the executive officers of the company.

The program will run until December 29, 2023. As of September 30, 2023, the company had 7,923,565 shares outstanding (excluding treasury shares) and 20,638 shares in treasury.