Fuji Kosan Company, Ltd. (TSE:5009) announces a share repurchase program. Under the program, the company will repurchase 1,400,000 shares, representing 17.56% of the outstanding shares for ¥1,293.6 million. The shares will be repurchased from Aslead Capital Pte.

Ltd. at a price of ¥924 per share. The purpose of the program is to avoid the impact on the market and also contribute to the improvement of capital efficiency. The program will run until March 17, 2022.

As of September 30, 2021, the company had 7,971,156 shares outstanding and 772,751 shares in treasury.