Wadakohsan Corporation (TSE:8931) announces a share repurchase program. Under the program, the company will repurchase up to 160,000 shares, representing 1.44% of its issued share capital, for ¥ 240 million. The purpose of the program is preparation for the introduction of the stock compensation system.

The program is valid till April 19, 2024. As of February 29, 2024, the company had 11,099,752 shares (excluding treasury stock) and 248 shares in treasury.