JAC Recruitment Co., Ltd. (TSE:2124) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares, representing 2.23% for ¥2,051.1 million. The shares will be repurchased at a price of ¥2,279 per share.

The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment, improve capital efficiency, and increase shareholder returns. The repurchase program will expire on February 21, 2023. As of December 31, 2022, the company had 40,383,429 shares in issue and 1,005,871 shares in treasury.