Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 150,000 shares, representing 3.1% for ¥50 million. The purpose of the plan is to implement a flexible capital policy that responds to implement flexible capital policies in response to changes in the business environment, to improve capital efficiency, and to provide shareholder returns.

The plan will be valid till December 30, 2024. As of March 31, 2024, the company has 4,842,259 shares outstanding and 1,176,541 shares in treasury.