KITZ Corporation (TSE:6498) announces a share repurchase program. Under the program, the company will repurchase up to 71,000 shares, representing 0.08% of its issued share capital (excluding treasury stock), for a total purchase price of ¥86million. The company will repurchase its shares for allocating treasury stock to be delivered as restricted stock compensation.

The program will expire on March 31, 2024. As of December 31, 2023 the company had 89,714,870 issued shares (excluding treasury stock) and 681,641 treasury shares.