Cresco Ltd. (TSE:4674) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.37% of the outstanding shares for ¥1,000 million. The purpose of the program is to return of profits to shareholders and to improve capital efficiency.

The program will run until November 30, 2023. As of March 31, 2023, the company had 21,070,066 shares outstanding and 1,929,934 shares in treasury.