Macbee Planet, Inc. (TSE:7095) announces a share repurchase program. Under the program, the company will repurchase up to 55,000 shares, representing 1.52% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,280 million. The purpose of the program is to improve capital efficiency.

The program will be valid till January 30, 2024. As of December 21, 2023, the company had 3,618,396 issued shares (excluding treasury stock) and 172 treasury shares.