Ic Co., Ltd. (TSE:4769) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 common stock,, representing 1.32% for ­¥87 million. The shares will be repurchased at a price of ¥867 per share.

The purpose of the program is to enable improvement of capital efficiency and flexible execution of capital policy. The program will expire on November 22, 2023. As of September 30, 2023, the company had 7,584,262 shares (excluding treasury stock) and 148,008 shares in treasury.