Moriroku Holdings Company, Ltd. (TSE:4249) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 3.87% of its issued share capital for ¥1,000 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns.

The program is valid till November 14 , 2023. As of October 31 , 2022, the company has 15,501,581 shares issued (excluding treasury stock) and 1,458,419 shares in treasury.