Brangista Inc. (TSE:6176) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.87% of its total shares outstanding excluding treasury shares, for a total of ¥300 million. The purpose of repurchase program is to increase shareholder returns, improve capital efficiency, and implement a flexible capital policy in response to changes in the business environment.

The repurchase program is valid till September 30, 2024. As of January 31, 2024, the company had 13,920,312 shares outstanding excluding treasury shares and had 654,988 shares in treasury.