ANEST IWATA Corporation (TSE:6381) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 3.69% of its issued share capital. for a total purchase price of ¥1,500 million.

The purpose of the program is to strengthen shareholder returns and improve capital efficiency. The program will run until June 28, 2024. As of December 31, 2023, the company had 40,641,053 issued shares (excluding treasury stock) and 1,104,452 treasury shares.