UT Group Co.,Ltd. (TSE:2146) announces a share repurchase program. Under the program, the company will repurchase 1,300,000 shares, representing 3.22% of the outstanding shares for ¥2,817 million. The purpose of the program is to improving capital efficiency .

The program will run until October 31, 2023. As of April 30, 2023, the company had 40,362,760 shares outstanding and 307 shares in treasury.