Computer Engineering & Consulting Ltd. (TSE:9692) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 5.95% of its total shares outstanding excluding treasury shares, for a total of ¥3,000 million. The purpose of repurchase program is to improve capital efficiency and further increase profit returns to shareholders.

The repurchased shares will be cancelled. The repurchase program is valid till December 31, 2024. As of April 30, 2024, the company had 33,616,090 shares outstanding excluding treasury shares and had 3,983,910 shares in treasury.