Japan Pure Chemical Co., Ltd. (TSE:4973) announces a share repurchase program. Under the program, the company will repurchase 120,000 shares, representing 2.04% of the outstanding shares for ¥360 million. The purpose of the program is to implement a flexible capital policy and to enhance the return of profits to our shareholders.

The program will run until March 31, 2023. As of September 30, 2022, the company had 5,870,881 shares outstanding (excluding treasury stock) and 446,319 shares in treasury.