Shikoku Kasei Holdings Corp (TSE:4099) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 0.39% of its issued share capital, for ¥327.2 million. The shares will be repurchased at a price of ¥1,636 per share.

The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. As of September 30, 2023, the company had 50,804,447 issued shares (excluding treasury stock) and 66,216 shares in treasury.