Accrete Inc. (TSE:4395) announces a share repurchase program. Under the program, the company will repurchase up to 326,500 shares, representing 5.54% of its issued share capital (excluding treasury stock), for a total purchase price of Ñ 949.79 million. The shares will be repurchased at a price of Ñ2,909 per share.

The purpose of the program is to implement flexible capital policies that responds to changes in the business environment. As of September 21, 2022, the company has 5,892,900 issued shares (excluding treasury stock) and 100 treasury shares.