Sankei Chemical Co.,Ltd. (FKSE:4995) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 4.91% of its share capital, at a price of ¥114 per share, for up to ¥57 million. Such shares will be repurchased through purchase consignment in the Fukuoka Stock Exchange off-floor treasury share trading.

The purpose of the plan is to improve capital efficiency, and to aim for the implementation of a flexible capital policy which respond to future changes in the business environment.