Yamashina Corporation (TSE:5955) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.44% of its issued share capital, for ¥50 million. The company will repurchase its shares in order to improve the shareholder value per share and to implement a flexible capital policy in response to changes in the business environment.

The repurchase program is valid till January 31, 2024. As of September 30, 2023, the company had 135,006,455 shares outstanding (excluding treasury shares) and had 8,605,310 shares in treasury.