SEMITEC Corporation (TSE:6626) announces a share repurchase program. Under the program, the company will repurchase up to 333,000 shares, representing 3.06% of its share capital, for ¥500 million. The repurchases are made as part of shareholder returns.

The program will expire on September 30, 2024. As of March 31, 2024, the company had 10,896,452 shares in issue (excluding treasury stock) and 475,148 shares in treasury.