Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 260,000 shares, representing 1.01% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million. The shares will be repurchased at the previous day's closing price.

The purpose of the program is efficient capital management and improvement of the ratio of tradable shares. The program will be valid till August 10, 2023. As of May 31, 2023, the company has 25,693,258 issued shares (excluding treasury stock) and 0 treasury shares.