Nippon Hume Corporation (TSE:5262) announces a share repurchase program. Under the program, the company will repurchase 235,000 shares, representing 0.91% of its issued share capital, for ¥200 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment and to return profits to shareholders.

The program will run until March 22, 2024. As of March 31, 2023, the company had 25,711,914 shares outstanding (excluding treasury stock) and 3,635,586 shares in treasury.