MonotaRO Co., Ltd. (TSE:3064) announces a share repurchase program. Under the program, the company will repurchase up to 59,200 shares, representing 0.01% of its total shares outstanding excluding treasury shares, for a total of ¥130.24 million. The purpose of repurchase program is to implement flexible capital policies in response to changes in the business environment.

The repurchase program is valid till March 29, 2024. As of February 29, 2024, the company had 501,351,000 shares outstanding excluding treasury shares and has 4,444,396 shares in treasury.