Premium Group Co., Ltd. (TSE:7199) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 6.42% of its share capital, for ¥3,000 million. The repurchase program is aimed at returning profits to shareholders, improving capital efficiency, and implementing a flexible capital policy in accordance with the business environment.

The program will expire on March 29, 2024. As of September 30, 2023, the company had 38,943,856 shares in issue (excluding treasury stock) and 1,383,914 shares in treasury.