Asahi Printing Co.,Ltd. (TSE:3951) announces a share repurchase program. Under the program, the company will repurchase up to 280,000 shares, representing 1.28% of its issued share capital (excluding treasury stock), for ¥248.64 million. The shares will be repurchased at a price of ¥888 per share.

The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. The program will run until May 15, 2023. As of March 31, 2023, the company had 21,890,247 shares in issue (excluding treasury stock) and 1,394,682 shares in treasury.