Aizawa Securities Group Co., Ltd. (TSE:8708) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 0.8% of its total shares outstanding (excluding treasury shares), for a total of ¥500 million. The purpose of repurchase program is to improve capital efficiency, enhance shareholder returns and implement flexible capital policy.

The repurchase program is valid till June 30, 2024. As of December 31, 2023, the company had 37,315,195 shares outstanding (excluding treasury shares) and had 10,210,454 shares in treasury.