Micron Machinery Co., Ltd. (TSE:6159) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 2% of its issued share capital, for ¥196.92 million. The shares will be repurchased at a price of ¥1,641 per share.

The purpose of the program is to enable flexible capital policy execution and financial strategy in response to changes in the business environment. As of May 31, 2023, the company had 5,998,310 issued shares (excluding treasury stock) and 1,707,790 treasury shares.