Insource Co., Ltd. (TSE:6200) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 0.47% of its issued share capital, for ¥300 million. The purpose of the share repurchases is to improve shareholder returns through improved capital efficiency, to implement flexible capital policies such as M&A, and to secure skillful employees through incentive plans for board members and employees.

The program is valid till December 29, 2023. As of September 30, 2023, the company had 85,243,000 shares in issue (excluding treasury stocks) and 1,055,089 shares are in treasury.