SERAKU Co., Ltd. (TSE:6199) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.86% of its issued share capital, for ¥400 million. The purpose of the program is implementation of flexible capital policy in response to changes in the business environment, utilization in M&A, and incentives.

The program is valid till October 31, 2024. As of August 31, 2023, the company had 13,988,270 issued shares (excluding treasury stock) and 130 shares in treasury.