Japan Cash Machine Co., Ltd. (TSE:6418) announces a share repurchase program. Under the program, the company will repurchase up to 1,220,000 shares, representing 4.34% of its share capital, for ¥1,579.9 million. The shares will be repurchased at a price of ¥1,295 per share.

The purpose of the program is to enable the implementation of flexible capital policies in response to changes in the business environment. The program will expire on May 10, 2024. As of April 30, 2024, the company had 28,136,724 shares in issue (excluding treasury stock) and 1,535,927 shares in treasury.