Denkyosha Co.,Ltd. (TSE:8144) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 1.15% of its share capital, for ¥85.54 million. The shares will be repurchased at a price of ¥1,222 per share.

The purpose of the program is to improve capital efficiency, return profits to shareholders, and implement flexible capital policies in response to changes in the business environment. As of November 30, 2023, the company had 6,097,538 shares in issue(excluding treasury stock) and 567,483 shares in treasury.