RAKUMACHI,Inc. (TSE:6037) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 2.37% of its share capital, for ¥500 million. The company will repurchase its shares for stock price perspective and shareholder returns.
The program will run until December 13, 2024. As of October 31, 2024, the company had 21,136,358 shares outstanding (excluding treasury shares) and 17,442 shares in treasury.