JRC Co.,Ltd. (TSE:6224) announces a share repurchase program. Under the program, the company will repurchase up to 693,500 shares, representing 5.47% of its share capital, for ¥555.49 million. The shares will be repurchased at a price of ¥801 per share.

The program is aimed at raising awareness of contributing to long-term performance improvement and increasing corporate value. The program will expire on February 16, 2024. As of January 31, 2024, the company had 12,670,000 shares in issue (excluding treasury stock) and 2,860 shares in treasury.