Land Business Co.,Ltd. (TSE:8944) announces a share repurchase program. Under the program, the company will repurchase 650,000 shares, representing 3.24% of its share capital, for ¥200 million. The company will repurchase its shares in order to improve the return of profits to shareholders and implement a flexible capital policy in response to changes in the business environment. The program will run until November 10, 2021. As of October 31, 2020, the company had 26,780,800 shares outstanding (excluding treasury shares) and 6,754,185 shares in treasury.