SPARX Group Co., Ltd. (TSE:8739) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 0.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and enable flexible execution of capital policies according to the business environment.

The program will be valid till March 31, 2024. As of September 30, 2023, the company had 41,551,952 issued shares (excluding treasury stock) and 363,528 treasury shares.