Kurotani Corporation (TSE:3168) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 0.98% of its issued share capital (excluding treasury stock), for a total purchase price of ¥85.4 million. The shares will be repurchased at a price of ¥610 per share.

The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. As of August 31, 2022, the company has 14,337,200 issued shares (excluding treasury stock) and 112,166 treasury shares.