MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 420,000 shares, representing 0.1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥964.74 million.

The shares will be repurchased at a price of ¥2,297 per share. The purpose of the program is to improve capital efficiency and enable it to implement a flexible capital policy that responds to changes in the business environment. As of March 31, 2024, the company has 417,561,819 issued shares and 417,561,819 treasury shares.