Apple International Co., Ltd. (TSE:2788) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 0.70% of its issued share capital (excluding treasury stock), for a total purchase price of ¥45.27 million. The shares will be repurchased at a price of ¥503 per share.

The purpose of the program is to improve capital efficiency. As of June 30, 2023, the company has 12,921,124 issued shares (excluding treasury stock) and 930,276 treasury shares.