Gakken Holdings Co., Ltd. (TSE:9470) announces a share repurchase program. Under the program, the company will repurchase 2,400,000 shares, representing a 5.44% of the outstanding shares, for ¥2,000 million. The company is repurchasing its shares in order to further enhance shareholder returns.

The program will expire on May 31, 2024. As of September 30, 2023, the company had 44,107,393 shares outstanding and 525,839 shares in treasury.