FP Corporation (TSE:7947) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 1.34% of its issued share capital, for ¥3,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will be valid till April 19, 2024. As of December 31, 2023, the company has 81,871,401 issued shares (excluding treasury stock) and 2,697,023 treasury shares.