KOSAIDO Holdings Co., Ltd. (TSE:7868) announces a share repurchase program. Under the program, the company will repurchase 1,610,000 shares, representing 5.64% of its share capital, at ¥2,161 per share for ¥3,480 million. The company will repurchase its shares in order to improve capital efficiency and implement a flexible capital policy.

As of June 21, 2023, the company had 28,541,858 shares outstanding (excluding treasury shares) and 5,911 shares in treasury.