SHIKIGAKU. Co., Ltd. (TSE:7049) announces a share repurchase program. Under the program, the company will repurchase up to 390,000 shares, representing 4.44% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million.

The purpose of the program is to carry out a flexible capital policy in response to changes in the business environment. The program will continue through December 31, 2024. As of February 29, 2024, the company had 8,783,895 issued shares (excluding treasury stock) and 349,101 treasury shares.