MonotaRO Co., Ltd. (TSE:3064) announces a share repurchase program. Under the program, the company will repurchase up to 58,200 shares, representing 0.01% of its issued share capital (excluding treasury stock), for ¥116.4 million. The purpose of the program is to pursue financial strategies with greater agility in response to changes in business environment.

The program will run until April 10, 2023. As of February 28, 2023, the company had 501,351,000 shares in issue and 4,444,037 shares in treasury.