Aisan Industry Co., Ltd. (TSE:7283) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.13% for ¥60 million. The purpose of the program is to repurchase treasury stock necessary for treasury stock disposal as transfer-restricted stock compensation and to avoid diluting the stock value due to the disposal.

The program will expire on March 11, 2022. As of January 31, 2022, the company had 63,046,471 shares in issue (excluding treasury stock) and 26,908 shares in treasury.