Senshu Electric Co.,Ltd. (TSE:9824) announces a share repurchase program. Under the program, the company will repurchase up to 270,000 shares, representing 1.52% for ¥1,000 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement agile capital policies in response to changes in the business environment.

The program will expire on April 30, 2024. As of July 31, 2023, the company had 17,738,492 shares in issue and 3,261,508 shares in treasury.