Kansai Food Market Ltd. (TSE:9919) announces a share repurchase program. Under the program, the company will repurchase up to 780,000 shares, representing 1.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,500 million. The shares will be repurchased at a price of ¥1,561 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 May 10, 2023, the company had 57,792,146 issued shares (excluding treasury stock) and 6,066,658 treasury shares.