RAIZNEXT Corporation (TSE:6379) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.85% of its issued share capital (excluding treasury stock), for ¥2,000 million. The purpose of the program is allocation of shares to be delivered as incentives for the restricted stock compensation plan and flexible capital policy in the future.

The program will run until June 30, 2024. As of December 31, 2023, the company had 53,994,407 shares in issue (excluding treasury stock) and 173,646 shares in treasury.