Giken Ltd. (TSE:6289) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 2.91% of its total shares outstanding (excluding treasury shares), for a total of ¥1,500 million. The purpose of repurchase program is to enhance shareholder returns, improve capital efficiency.

The repurchase program is valid till November 22, 2023. As of May 31, 2023, the company had 27,501,610 shares outstanding (excluding treasury shares) and had 693,118 shares in treasury.