Cerespo Co., Ltd. (TSE:9625) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 4.03% of its issued share capital, for ¥ 400 million. The purpose of the program is to improve capital efficiency, implement flexible capital policies in response to changes in the business environment, and enhance shareholder returns.

The program is valid till September 30, 2024. As of February 14, 2024, the company had 5,458,122 shares (excluding treasury stock) and 78 shares in treasury.