Sato Shoji Corporation (TSE:8065) announces a share repurchase program. Under the program, the company will repurchase up to 86,000 shares, representing 0.41% of its share capital, for ¥100 million. The purpose of the program is to allocate to shares to be delivered upon exercising stock options.

The repurchase program will expire on March 24, 2022. As of December 31, 2021, the company had 21,149,249 shares outstanding (excluding treasury shares) and 649,801 shares in treasury.