Boutiques, Inc. (TSE:9272) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.48% of its share capital, for ¥300 million. The purpose of the program is to enable flexible capital policy implementation in response to changes in the business environment.

The program will expire on June 24, 2024. As of November 8, 2023, the company had 10,078,476 shares in issue (excluding treasury stock) and 81,924 shares in treasury.