Kawagishi Bridge Works Co., Ltd. (TSE:5921) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 3.35% of its share capital, for ¥500 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency.

The program is valid till February 26, 2025. As of January 31, 2024, the company had 2,987,705 shares outstanding (excluding treasury shares) and 12,295 shares in treasury.