Sinko Industries Ltd. (TSE:6458) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 4.8% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,300 million. The purpose of the program is to strengthen shareholder returns.

The program will be valid till March 31, 2025. As of March 31, 2024, the company had 24,985,157 shares outstanding (excluding treasury shares) and 2,227,106 shares in its treasury.