Eidai Kako Co.,Ltd. (TSE:7877) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares, representing 1.5% of its issued share capital (excluding treasury stock), for a total purchase price of ¥30.4 million. The shares will be repurchased at a price of ¥1,520 per share.

The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of March 31, 2024, the company had 1,330,125 issued shares (excluding treasury stock) and 129,875 treasury shares.