FALCO HOLDINGS Co., Ltd. (TSE:4671) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 5.33% of the outstanding shares, for ¥1,200 million. The purpose of the program is increase shareholder returns, improve capital efficiency, and address changes in the business environment going forward.

The program is valid till March 22, 2024. As of March 31, 2023, the company had 11,252,236 shares outstanding and 57,941 shares in treasury.