Yamashina Corporation (TSE:5955) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 0.51% of its share capital, for ¥50 million. The company will repurchase its shares in order to improve the shareholder value per share and to implement a flexible capital policy in response to changes in the business environment.

The share repurchase program will run until March 31, 2022. As of January 31, 2022, the company had 137,162,759 shares outstanding (excluding treasury shares) and 6,449,006 shares in treasury.