Cerespo Co., Ltd. (TSE:9625) announces a share repurchase program. Under the program, the company will repurchase up to 170,000 shares, representing 3.03% of its issued share capital, for ¥ 170 million. The repurchase price will be ¥ 900 per share.

The purpose of the program is to enable the company to flexibly implement capital policies in response to future changes in the business environment. As of December 31, 2023, the company had 5,607,973 shares (excluding treasury stock) and 95,527 shares in treasury.