Sinko Industries Ltd. (TSE:6458) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 0.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥450 million. The purpose of the program is to carry out agile capital policies that respond to changes in the business environment.

The program will be valid till May 27, 2022. As of April 30, 2022, the company had 25,714,289 shares outstanding (excluding treasury shares) and 1,497,974 shares in its treasury.