King Jim Co., Ltd. (TSE:7962) announces a share repurchase program. Under the program, the company will repurchase up to 480,000 shares, representing 1.68% of its issued share capital (excluding treasury stock), for a total purchase price of ¥424.8 million. The shares will be repurchased at a price of ¥885 per share.

The purpose of the program is to enable the implementation of flexible capital policies in response to changes in the business environment. As of December 20, 2023, the company had 28,564,117 issued shares (excluding treasury stock) and 2,895,575 treasury shares.