Core Concept Technologies Inc. (TSE:4371) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.3% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency, as well as mitigate the impact of the secondary offering on the supply and demand of the Company's shares.

The program will run until March 31, 2024. As of July 31, 2023, the company had 17,375,200 shares in issue (excluding treasury stock) and 150 shares in treasury.