Superbag Company, Limited (TSE:3945) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 3.27% of its issued share capital (excluding treasury stock), for a total purchase price of ¥120.85 million. The shares will be repurchased at a price of ¥2,417 per share.

The purpose of the program is to improve capital efficiency and implement flexible capital policies in response to changes in the business environment. As of December 31, 2023, the company has 1,527,938 issued shares (excluding treasury stock) and 158,216 treasury shares.