Sonocom Co.,Ltd. (TSE:7902) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 2.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥64.48 million. The shares will be repurchased at a price of ¥806 per share.

The purpose of the program is to enable the flexible execution of a capital policy in response to changes in the business environment. As of September 30, 2022, the company had 3,664,964 issued shares (excluding treasury stock) and 1,335,036 treasury shares.