Kimura Unity Co., Ltd. (TSE:9368) announces a share repurchase program. Under the program, the company will repurchase up to 650,000 shares, representing 2.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥889.2 million. The shares will be repurchased at a price of ¥1,368 per share.

The purpose of the program is to enhance shareholder returns and improve capital efficiency. As of October 31, 2023, the company had 22,216,502 issued shares (excluding treasury stock) and 1,327,298 treasury shares.