Hamakyorex Co., Ltd. (TSE:9037) announces a share repurchase program. Under the program, the company will repurchase 50,000 shares, representing 0.27% of the outstanding shares for ¥203.5 million. The shares will be repurchased at a price of ¥4,070 per share.

The purpose of the program is to enable flexible execution of capital policy in response to changes in the business environment. The program will expire on August 21, 2023. As of July 31, 2023, the company had 18,787,778 shares outstanding and 224,222 shares in treasury.