Raysum Co., Ltd. (JASDAQ:8890) announces a share repurchase program. Under the program, the company will repurchase 1,096,400 shares, representing 10.33% of the outstanding shares for ¥1,329.93 million. The shares will be repurchased at ¥1,213 per share.

The purpose of the offer is to implement flexible capital policies, improving capital efficiency, and shareholder returns. The program will run until December 11, 2023. As of November 7, 2023, the company had 10,614,225 issued shares.

As of September 30, 2023, the company had 139,543 treasury shares.