Meiwa Corporation (TSE:8103) announces a share repurchase program. Under the program, the company will repurchase up to 1,975,000 shares, representing 4.73% of its issued share capital, for ¥1,000 million. The purpose of the program is to enhance shareholder returns and improve liquidity.

The program will be valid till September 20, 2024. As of January 31, 2024, the company has 41,763,006 issued shares (excluding treasury stock) and 16,994 treasury shares.