Nissan Chemical Corporation (TSE:4021) announces a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares, representing 0.9% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to enable the implementation of flexible capital policies in response to changes in the business environment.

The repurchase program is valid till July 31, 2024. As of May 13, 2024, the company has 138,757,351 shares outstanding excluding treasury shares and has 42,649 shares in treasury.