Koken Ltd. (TSE:7963) announces a share repurchase program. Under the program, the company will repurchase up to 66,100 shares, representing 1.3% for ¥115.81 million. The shares will be repurchased at a price of ¥1,752 per share.

The purpose of the program is to stably procure shares in the stock benefit trust (BBT) and stock benefit trust (J-ESOP) systems, and to enable the execution of other agile capital policies in response to changes in the business environment. As of May 9, 2022, the company had 5,096,095 shares in issue (excluding treasury stock) and 7,908 shares in treasury.