HIP Corporation (TSE:2136) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.51% of its issued share capital, for ¥72 million. The repurchase price will be ¥ 1200 per share.

The purpose of the program is implementing a flexible capital policy in response to changes in the business environment.. As of September 30, 2023, the company had 3,975,201 shares issued shares (excluding treasury stock) and 99 shares in treasury.