Suido Kiko Kaisha, Ltd. (TSE:6403) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares, representing 0.47% of its issued share capital (excluding treasury stock), for a total purchase price of ¥39.24 million. The shares will be repurchased at ¥1,962 per share.

The purpose of the program is to issue restricted stock to directors. As of May 31, 2024, the company has 4,292,428 issued shares (excluding treasury stock) and 3,540 treasury shares.