Denyo Co., Ltd. (TSE:6517) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 0.58% of its issued share capital (excluding treasury stock), for a total purchase price of ¥163.32 million. The shares will be repurchased at a price of ¥1,361 per share.

The purpose of the program is to carry out a flexible capital policy according to the business environment. As of September 30, 2022, the company has 20,775,571 issued shares (excluding treasury stock) and 2,084,089 treasury shares.