Interworks Confidence Inc. (TSE:7374) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 9.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥960 million. The shares will be repurchased at a price of ¥1,600 per share.

The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment, as well as to utilize the funds in implementing future M&A strategies, enhance shareholder returns, and improve capital efficiency. As of May 10, 2024, the company has 6,648,877 issued shares (excluding treasury stock) and 6,300 treasury shares.