Chuou International Group Co., Ltd. (TSE:7170) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 2.45% of its issued share capital (excluding treasury stock), for a total purchase price of ¥16 million. The purpose of the program is to enable the flexible execution of capital policies in response to changes in the business environment. The program will be valid till June 30, 2021. As of May 12, 2021, the company has 2,861,860 issued shares (excluding treasury stock) and 476,100 treasury shares.