Valqua, Ltd. (TSE:7995) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 1.24% of its total shares outstanding (excluding treasury shares), for a total of ¥500 million. The purpose of repurchase program is to return more profits to the shareholders and to improve the capital efficiency by executing a flexible capital policy.

The repurchase program is valid till April 28, 2023. As of September 30, 2022, the company had 17,723,247 shares outstanding (excluding treasury shares) and had 965,486 shares in treasury.