Century21 Real Estate of Japan Ltd (TSE:8898) announces an share repurchase program. Under the program the company will repurchase 160,000 shares, representing 1.41% of the outstanding shares, at ¥1,193 per share for ¥190.88 million. The purpose of the program is to enhance return of profits to shareholders, improve capital efficiency, and enable flexible capital policy in the future.

As of January 31, 2024, the company had 11,325,000 shares outstanding and 902,749 shares in treasury.