Central General Development Co., Ltd. (TSE:3238) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥60 million. The purpose of the program is to implement agile capital policies in response to changes in the business environment.

The program will continue through June 17, 2022. As of February 10, 2022, the company has 9,674,559 issued shares (excluding own shares) and 7,041 own shares.