FIDEA Holdings Co. Ltd. (TSE:8713) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.55% of its share capital, for ¥180 million.

The shares will be repurchased for the purpose of allocating the shares to be issued to recipients of the restricted stock compensation plan. The program will expire on June 21, 2024. As of March 31, 2024, the company had 18,142,122 shares in issue (excluding treasury stock) and 48,594 shares in treasury.