Chuou International Group Co., Ltd. (TSE:7170) announces a share repurchase program. Under the program, the company will repurchase up to 76,100 shares, representing 2.48% of its issued share capital (excluding treasury stock), for a total purchase price of ¥27.40 million. The shares will be repurchased at a price of ¥360 per share.

The purpose of the program is to enable flexible execution of capital policy in response to changes in the business environment. As of September 14, 2022, the company has 3,069,683 issued shares (excluding treasury stock) and 537,400 treasury shares.