MOONBAT Co.,Ltd. (TSE:8115) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 1.3% of the outstanding shares for ¥40 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will run until August 10, 2023. As of February 14, 2023, the company had 4,630,601 shares outstanding (excluding treasury stock) and 144,118 shares in treasury.