Origin Company, Limited (TSE:6513) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 4.48% of its total shares outstanding (excluding treasury shares), for a total of ¥400 million. The purpose of the program is to return profits to shareholders and improve capital efficiency.

The repurchase program is valid till March 31, 2024. As of April 30, 2023, the company had 6,699,986 shares outstanding (excluding treasury shares) and had 740,613 shares in treasury.