Loginet Japan Co., Ltd. (SPSE:9027) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 2.2% of its share capital for ¥ 360 million. The purpose of the program is to expand shareholder returns and improve capital efficiency by increasing stock value per share, and to enable flexible capital policy implementation in response to changes in the business environment.

The program will expire on July 17, 2024. As of July 12, 2024, the company had 5,462,137 shares in issue (excluding treasury stock) and 277,863 shares in treasury.