Land Business Co.,Ltd. (TSE:8944) announces a share repurchase program. Under the program, the company will repurchase 2,000,000 shares, representing 8.32% of the outstanding shares, at ¥375 per share for ¥750 million. The purpose of the program is to improve shareholder returns and implement a flexible capital policy in response to changes in the business environment. As of February 29, 2020, the company had 24,051,615 shares outstanding and 2,729,185 shares in treasury.