Brass Corporation (TSE:2424) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 5.25% of the outstanding shares for ¥200 million. The purpose of the program is to flexibly execute capital policies in response to changes in the business environment and market environment.

The program will run until July 22, 2022. As of January 31, 2022, the company had 5,709,300 shares outstanding and 60,200 shares in treasury.