Japan Metropolitan Fund Investment Corporation (TSE:8953) announces a share repurchase program. Under the program, the company will repurchase 15,000 investment units, representing 0.21% of the outstanding units for ¥1,000 million. The purpose of the program is improvement of capital efficiency and to increase unitholders value in the medium to long term.

The units repurchased will be cancelled. The program will run until May 20, 2024. As of April 17, 2024, the company had 26,989,091 units outstanding and 0 units in treasury.