Boutiques, Inc. (TSE:9272) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 3.96% of the outstanding shares for ¥300 million. The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment as a means of returning profits to shareholders.

The program will run until December 31, 2022. As of February 28, 2022, the company had 5,053,785 shares outstanding (excluding own shares) and 26,415 shares in treasury.