Kufu Company Inc. (TSE:4376) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.72% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to acquire treasury stock in preparation for a flexible capital strategy in the future.

The program will run until March 31, 2024. As of October 31, 2023, the company had 58,009,441 shares in issue (excluding treasury stock) and 292,278 shares in treasury.