IRRC Corporation (TSE:7325) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.38% of its issued share capital for ¥160 million. The purpose of the program is to improving capital efficiency and returning profits to shareholders.

The repurchase program will expire on February 20, 2024. As of June 30, 2023, the company had 8,407,333 shares outstanding(excluding treasury stock) and 300,667 shares in treasury.