Sun Frontier Fudousan Co., Ltd. (TSE:8934) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.31% of its issued share capital (excluding treasury stock), for a total purchase price of ¥150 million. The purpose of the program is to secure treasury stock for delivering treasury stock to the company's directors (excluding outside directors), executive officers and some employees.

The program will continue through June 20, 2022. As of May 13, 2022, the company had 48,698,856 issued shares (excluding treasury stock) and 56,644 treasury shares.