Brangista Inc. (TSE:6176) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 5.18% of its issued share capital, for ¥500 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and respond to changes in the business environment.
The program is valid till September 30, 2025. As of November 30, 2024, there are 13,520,312 outstanding shares (excluding treasury stock) and 1,054,988 treasury shares.
