JBCC Holdings Inc. (TSE:9889) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 2.54% of its share capital, for ¥1,000 million. The company will repurchase its shares in order to improve capital efficiency, enable flexible execution of capital policy in response to changes in the business environment, and further enhance shareholder returns.

The program will run until February 29, 2024. As of March 31, 2023, the company had 15,744,871 shares outstanding (excluding treasury shares) and 2,028,872 shares in treasury.