Gunze Limited (TSE:3002) announces a share repurchase program. Under the program, the company will repurchase up to 430,000 shares, representing 2.52% of its issued share capital, for total worth of ¥2,000 million worth of its shares. The purpose of the program is to carry out flexible capital policy based on the financial strategy of the medium-term management plan "VISION 2030 stage 1." The program is valid till March 22, 2024.

As of September 30, 2023, the company has 17,066,082 shares in issue and 227,434 shares in treasury.