Japan Logistics Fund, Inc. (TSE:8967) announces a share repurchase program. Under the program, the company will repurchase 3,300 investment units, representing 0.35% of the outstanding investment units, for ¥1,000 million. The purpose of the program is to as part of company's capital policy to increase distributions per unit (DPU), return to its unitholders and improve its capital cost.

The program will run until January 12, 2024. As of November 22, 2023, the company had 934,000 outstanding investment units and 0 units in treasury.