SHIKIGAKU. Co., Ltd. (TSE:7049) announces a share repurchase program. Under the program, the company will repurchase up to 165,000 shares, representing 1.99% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100 million.

The purpose of the program is to carry out a flexible capital policy in response to changes in the business environment. The program will continue through November 22, 2022. As of August 31, 2022, the company had 8,276,100 issued shares (excluding treasury stock) and 184,101 treasury shares.