Apple International Co., Ltd. (TSE:2788) announces a share repurchase program. Under the program, the company will repurchase up to 930,200 shares, representing 6.72% of its share capital, for ¥199.99 million. The shares will be repurchased at a price of ¥215 per share.

The purpose of the program is to improve capital efficiency. The program will expire on July 8, 2022.