Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 750,000 shares, representing 13.41% for ¥374.25 million. The shares will be purchased at a price of ¥499 per share.

The purpose of the plan is to implement a flexible capital policy that responds to changes in the business environment and to improve capital efficiency. As of September 30, 2022, the company has 5,593,684 shares outstanding and 1,225,116 shares in treasury.