Nozaki Insatsu Shigyo Co., Ltd. (TSE:7919) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 3.17% of its issued share capital (excluding treasury stock), for a total purchase price of ¥77.55 million. The shares will be repurchased at a price of ¥141 per share.

The purpose of the program is to improve capital efficiency and carry out flexible capital policies in response to changes in the business environment. As of October 31, 2023, the company had 17,374,475 issued shares (excluding treasury stock) and 4,085,525 treasury shares.