LTS, Inc. (TSE:6560) announces a share repurchase program. Under the program, the company will repurchase 35,000 shares, representing 0.78% of its share capital, for ¥100 million. The company will repurchase its shares in order to enable the execution of agile capital policies in response to changes in the business environment in the future, improve capital efficiency, and return profits to shareholders.

The program is valid till March 29, 2024. As of January 31, 2024, the company had 4,563,575 shares outstanding (excluding treasury shares) and 55,487 shares in treasury.