Morita Holdings Corporation (TSE:6455) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 0.8% of its issued share capital, for ¥ 567 million. The repurchase price will be ¥ 1,620 per share.

The purpose of the program is to enable the company to flexibly implement capital policies in response to future changes in the business environment and shareholder return measures. As of January 31, 2024, the company had 43,936,338 shares (excluding treasury stock) and 2,982,204 shares in treasury.