FP Partner Inc. (TSE:7388) announces a share repurchase program. Under the program, the company will repurchase up to 333,000 shares, representing 1.44% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program is to enhance returns to shareholders and improve capital efficiency, as well as to enable a flexible capital policy that responds to changes in the business environment.

The repurchased shares will be cancelled. The repurchase program is valid till August 16, 2024. As of June 30, 2024, the company had 23,081,969 issued shares (excluding treasury stock) and 171,931 treasury stock.