Feedforce Group Inc. (TSE:7068) announces a share repurchase program. Under the program, the company will repurchase up to 790,000 shares, representing 3.01% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 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. As of November 30, 2022, the company has 26,204,758 issued shares (excluding treasury stock) and 42 treasury shares.