UNIVERSAL ENGEISHA Co., Ltd. (TSE:6061) announces a share repurchase program. Under the program, the company will repurchase up to 52,000 shares, representing 1.11% for ¥178.36 million. The shares will be repurchased at a price of ¥3,430 per share.

The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of March 31, 2024, the company had 4,704,296 shares in issue (excluding treasury stock) and 320,704 shares in treasury.