Kakaku.com, Inc. (TSE:2371) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 2.49% of its share capital, for ¥6,000 million. The purpose of the program is to increase shareholder returns, through a flexible execution of a capital policy that can respond to changes in the business environment, and through increased capital efficiency.

The repurchased shares will be cancelled. The program will expire on January 31, 2024. As of October 31, 2023, the company had 201,105,313 shares in issue (excluding treasury stock) and 657,687 shares in treasury.