eSOL Co.,Ltd. (TSE:4420) announces a share repurchase program. Under the program, the company will repurchase up to 1,420,000 shares, representing 6.96% of its issued share capital (excluding treasury stock), for ¥1,178.6 million. The shares will be repurchased at a price of ¥830 per share.

The purpose of the program is to improve capital efficiency and mitigate the short-term impact on the supply and demand of our shares. As of December 31, 2023, the company had 20,397,223 shares in issue (excluding treasury stock) and 1,063,577 shares in treasury.