Chugai Mining Co., Ltd. (TSE:1491) announces a share repurchase program. Under the program, the company will repurchase up to 1,428,500 shares, representing 0.49% of its issued share capital (excluding treasury stock), at ¥35 per share, for ¥50 million. The purpose of the program is to enable flexible and efficient execution of capital policies in response to changes in the business environment. The program will run until August 13, 2021. As of March 31, 2021, the company had 289,645,566 shares in issue (excluding treasury stock) and 102,416 shares in treasury.