Hakuto Co., Ltd. (TSE:7433) announces a share repurchase program. Under the program, the company will repurchase 800,000 shares, representing 4.05% of its share capital, for ¥1,800 million. The company will repurchase its shares in order to strengthen shareholder returns and improve capital efficiency, based on the shareholder return policy in the medium-term management plan "Change & Co-Create 2024".

The program will run until April 30, 2023. As of March 31, 2022, the company had 19,737,236 shares outstanding (excluding treasury shares) and 4,399,977 shares in treasury.