Last One Mile Co.,Ltd. (TSE:9252) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 1.51% of its total shares outstanding excluding treasury shares, for a total of ¥150 million. The purpose of repurchase program is to prepare for the implementation of future M&A strategies.

The repurchase program is valid till March 29, 2024. As of February 22, 2024, the company had 2,657,245 shares outstanding excluding treasury shares and had 194,073 shares in treasury.