Advantage Risk Management Co., Ltd. (TSE:8769) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 5.88% of the outstanding shares for ¥600 million. The purpose of the program is to enhance shareholder returns and to improve capital efficiency.

The repurchased shares will be cancelled. The program will run until December 30, 2024. As of March 31, 2024, the company had 16,997,549 shares outstanding and 282,651 282,651 shares in treasury.