Earth Corporation (TSE:4985) announces an share repurchase program. Under the program the company will repurchase 18,000 shares, representing 0.09% of the outstanding shares, for ¥99.36 million. The shares will be repurchased at a price of ¥5,520 per share.

The purpose of the program is to enhance capital efficiency and implement a flexible capital policy in response to changes in the business environment. As of December 31, 2021, the company had 22,077,500 shares outstanding (excluding treasury shares) and 36,939 shares in treasury.