Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.78% of its share capital, for ¥200 million. The company will repurchase its shares to enhance shareholder returns and improving capital efficiency, enabling flexible capital policies that respond to changes in the business environment.

The program will run until August 31, 2023. As of May 31, 2023, the company had 7,632,000 shares outstanding and 433,785 shares in treasury.