Members Co., Ltd. (TSE:2130) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 3.04% of its share capital, for ¥400 million. The repurchase program is aimed at enhancing returns to shareholders, improving capital efficiency, and enabling flexible capital policies in the future, as well as allocating shares to be issued as incentives such as stock remuneration for sustainable improvement of corporate value.

The program will expire on March 29, 2024. As of October 27, 2023, the company had 13,146,004 shares in issue (excluding treasury stock) and 275,696 shares in treasury.