Needs Well Inc. (TSE:3992) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.47% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million. The purpose of the program is to improve the company's share price, increase future shareholder returns, and implement a flexible capital policy in response to changes in the business environment.

The program will continue through September 20, 2024. As of June 1, 2024, the company had 40,699,200 issued shares (excluding treasury stock) and 2,198,214 treasury shares.