MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 0.16% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,936 million.

The shares will be repurchased at a price of ¥8,710 per share. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till August 14, 2023.

As of July 31, 2023, the company has 139,472,057 issued shares and 3,494,653 treasury shares.