Nippon Fine Chemical Co., Ltd. (TSE:4362) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.63% of its issued share capital for ¥310.2 million. The purpose of the program is to enable agile capital policy in response to changes in the business environment.

The program is valid till February 25, 2022. As of December 31, 2021, the company has 23,746,595 shares issued (excluding treasury stock) and 1,625,852 shares in treasury.