Zuken Inc. (TSE:6947) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 4.73% of its issued share capital (excluding treasury stock), for ¥4,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will run until March 29, 2024. As of March 31, 2023, the company had 23,248,558 shares in issue (excluding treasury stock) and 18,611 shares in treasury.