ZENKOKU HOSHO Co.,Ltd. (TSE:7164) announces a share repurchase program. Under the program, the company will repurchase up to 1,750,000 of its common shares, representing 2.54% of its outstanding shares for ¥7,000 million. The purpose of the program is to increase corporate value through improved capital efficiency and return of profits to shareholders.

The plan will be valid up to September 30, 2024. As on March 31, 2024, the company had 68,871,137 shares outstanding and 653 shares in its treasury.