Nishimatsuya Chain Co., Ltd. (TSE:7545) announces a share repurchase program. Under the program, the company will repurchase up to 154,000 shares, representing 0.26% of its total shares outstanding (excluding treasury shares), for a total of ¥300 million. The purpose of repurchase program is to implement flexible capital policies in response to changes in the business environment and return profits to shareholders.

The repurchase program is valid till April 18, 2024. As of February 20, 2024, the company had 60,036,803 shares outstanding (excluding treasury shares) and had 9,552,053 shares in treasury.