Vital KSK Holdings, Inc. (TSE:3151) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.93% of its total shares outstanding excluding treasury shares, for a total of ¥1,200 million. The purpose of this is to improve capital efficiency, implement a flexible capital policy that responds to changes in the business environment, and implement measures to return profits to shareholders.

The repurchased shares will be utilized in the newly introduced stock compensation system. The repurchase program is valid till September 30, 2023. As of March 31, 2023, the company had 51,902,976 shares outstanding excluding treasury shares and had 9,321,820 shares in treasury.