CL Holdings Inc. (TSE:4286) announces a share repurchase program. Under the program, the company will repurchase up to 320,000 shares, representing 3.03% of its issued share capital (excluding treasury stock), for a total purchase price of ¥331.2 million. The shares will be repurchased at a price of ¥1,035 per share.

The purpose of the program is to return profits to shareholders and improve capital efficiency, and to implement agile capital policies in response to changes in the business environment. The program will be valid till May 13, 2022. As of April 30, 2022, the company had 10,544,250 shares outstanding (excluding treasury shares) and 295,750 shares in its treasury.