Mbs Inc (TSE:1401) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100 million. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. The program will be valid till May 15, 2025. As of April 15, 2024, the company had 7,432,000 issued shares (excluding treasury stock) and 300,000 treasury shares.

On April 16, 2024, the company corrected the expiry date to April 15, 2025.