Gecoss Corporation (TSE:9991) announces a share repurchase program. Under the program, the company will repurchase up to 2,600,000 shares, representing 7.14% of its issued share capital for ¥2,290.6 million. The shares will be repurchased at a price of ¥881 per share.

The purpose of the program is to improve capital efficiency and return profits to shareholders. As of December 31, 2022, the company had 36,395,746 shares issued (excluding treasury stock) and 40,379 shares in treasury.