Ito Yogyo Co., Ltd (TSE:5287) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.67% for ¥37.5 million. The shares will be repurchased at a price of ¥735 per share.

The purpose of the program is to implement agile capital policies in response to improvements in capital efficiency and changes in the business environment. As of September 30, 2021, the company had 2,986,497 shares in issue and 333,903 shares in treasury.