Willings Co., Ltd. (KOSDAQ:A313760) announces a share repurchase program. Under the program, the company will repurchase up to ¥2,000 million worth of its shares pursuant to a trust agreement with DB Financial Investment Co., Ltd. The purpose behind the program is to stabilize the stock price and to enhance shareholder value. The program will continue until December 24, 2022.

As of June 23, 2022, the company had no common shares in treasury through buyback within dividend capacity or through other acquisitions.