BRONCO BILLY Co., LTD. (TSE:3091) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.66% for ¥569.75 million. The shares will be repurchased at a price of ¥2,279 per share.

The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of December 31, 2021, the company had 15,077,989 shares in issue(excluding treasury stock) and 1,011 shares in treasury.