Recovery International Co.,Ltd. (TSE:9214) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 4.95% of its share capital, for ¥100 million. The shares will be repurchased for the purposes of increasing shareholder returns through improved capital efficiency and enabling us to implement flexible capital policies in the future.

The program will expire on November 30, 2024. As of March 31, 2024, the company had 1,413,898 shares in issue (excluding treasury stock) and 102 shares in treasury.