ASKUL Corporation (TSE:2678) announces a share repurchase program. Under the program, the company will repurchase up to 2,250,000 shares, representing 2.31% of its issued share capital, for ¥4,500 million. The purpose of the program is to improve shareholder returns and capital efficiency.

The repurchases will be made from company's own funds. The repurchased shares will be cancelled. The program will be valid till December 11, 2023.

As of November 20, 2023, the company has 97,525,294 issued shares (excluding treasury stock) and 39,406 treasury shares.