Kansai Food Market Ltd. (TSE:9919) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.35% of its issued share capital (excluding treasury stock), for ¥400 million. The shares will be repurchased at a price of ¥1,357 per share.

The purpose of the program is to improve capital efficiency and enable a flexible capital policy that responds to changes in the business environment. As of October 31, 2023, the company had 57,157,906 issued shares (excluding treasury stock) and 6,700,898 treasury shares.