Kaken Pharmaceutical Co., Ltd. (TSE:4521) announces a share repurchase program. Under the program, the company will repurchase 350,000 shares, representing 0.92% of its share capital, for ¥1,500 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment.

The program will run until December 28, 2022. As of April 30, 2022, the company had 37,856,819 shares in issue (excluding treasury stock) and 8,082,911 shares of treasury stock.