Nikkiso Co., Ltd. (TSE:6376) announces a share repurchase program. Under the program, the company will repurchase 8,350,000 shares, representing 11.24% of the outstanding shares, for ¥5,000 million. The purpose of the program is to return profits to shareholders based on comprehensive consideration of factors such as performance and the business environment.

The program will run until December 31, 2022. As of June 30, 2022, the company had 71,272,693 shares outstanding (excluding treasury stock) and 3,013,771 shares in treasury.