MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,172 million.

The shares will be repurchased at a price of ¥2,715 per share. The purpose of the program is to improve capital efficiency and enable flexible capital policy implementation in response to changes in the business environment. The program is valid till November 15, 2023.

As of October 31, 2023, the company has 428,900,130 issued shares and 11,053,115 treasury shares.