Zenken Corporation (TSE:7371) announces a share repurchase program. Under the program, the company will repurchase up to 170,000 shares, representing 1.39% of its share capital, for ¥100 million. The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment and shareholder returns and improvement of capital efficiency.

The program will expire on February 14, 2024. As of June 30, 2023, the company had 12,227,200 shares in issue (excluding treasury stock) and no shares in treasury.