Nishimoto Co., Ltd. (TSE:9260) announces a share repurchase program. Under the program, the company will repurchase up to 125,000 shares, representing 0.87% of its share capital, for ¥752.5 million. The company will repurchase its shares at a price of ¥6,020 per share.

The shares will be repurchased for the purpose of implementing policy and improving capital efficiency. The program will expire on February 15, 2024. As of December 31, 2023, the company had 14,353,140 shares in issue (excluding treasury stock) and 241 shares in treasury.