Nachi-Fujikoshi Corp. (TSE:6474) announces a share repurchase program. Under the program, the company will repurchase up to 56,500 shares, representing 0.239752755077% of its issued share capital (excluding treasury stock), for a total purchase price of ¥196.06 million.

The shares will be repurchased at a price of ¥3,470 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of April 30, 2024, the company had 23,565,944 issued shares (excluding treasury stock) and 1,353,399 treasury shares.