Nissan Chemical Corporation (TSE:4021) announces a share repurchase program. Under the program, the company will repurchase up to 1,250,000 common shares, representing 0.89% of its issued share capital, for ¥5,000 million. The purpose of the program is to facilitate flexible implementation of capital policy in response to changes in the business environment.

The plan will be valid up to July 28, 2023. As of May 15, 2023, the company had 140,423,428 shares issued (excluding treasury stock) and 176,572 shares in its treasury.