Hakuto Co., Ltd. (TSE:7433) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.62% of its share capital (excluding treasury shares), for ¥1,500 million. The purpose of the program is to improve the capital efficiency and enhance the shareholder returns.

The program will be valid till April 30, 2023. As of September 30, 2022, the company had 19,108,442 issued shares (excluding treasury shares) and had 4,028,771 treasury shares.