DOUTOR NICHIRES Holdings Co., Ltd. (TSE:3087) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 1.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥959.85 million. The shares will be repurchased at a price of ¥2,133 per share.

The purpose of the program is to implement flexible capital policies in response to changes in the business environment and improve the capital efficiency. As of July 14, 2023, the company has 44,219,091 issued shares (excluding treasury stock) and has 1,390,670 treasury shares.