p-ban.com Corp. (TSE:3559) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 5.15% of its issued share capital (excluding treasury stock), for ¥150 million.

The purpose of the program is to enhance shareholder returns, and improve capital efficiency, taking into consideration future growth plans. The program will run until March 31, 2023. As of August 12, 2022, the company had 4,853,187 shares in issue (excluding treasury stock) and 72,019 shares in treasury.