Marudai Food Co., Ltd. (TSE:2288) announces an share repurchase program. Under the program the company will repurchase 226,300 shares, representing 0.89% of the outstanding shares, at ¥1,792 per share for ¥405.53 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will expire on August 31, 2021. As of June 30, 2021, the company had 25,402,581 shares outstanding and 1,103,000 shares in treasury.