Central Forest Group, Inc. (NSE:7675) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.17% of its share capital, for ¥200 million. The purpose of the program is to implement capital policies in response to changes in the business environment.

The program will expire on September 20, 2024. As of December 31, 2023, the company had 8,557,114 shares in issue (excluding treasury stock) and 224,635 shares in treasury.