O'will Corporation (TSE:3143) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 6.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥253.8 million. The shares will be repurchased at a price of ¥1,269 per share.

The purpose of the program is to improve capital efficiency and increase stock value per share by reducing the number of shares. As of September 30, 2023, the company had 3,149,671 issued shares (excluding treasury stock) and 329 treasury shares.