Cerespo Co., Ltd. (TSE:9625) announces a share repurchase program. Under the program, the company will repurchase up to 685,000 shares, representing 4.51% of its issued share capital, for ¥2,116.65 million. The repurchase price will be ¥ 3,090 per share.

The purpose of the program is to improve capital efficiency and return profits to shareholders. As of April 30, 2024, the company had 15,204,388 shares (excluding treasury stock) and 13,359 shares in treasury.