Sakurai Ltd. (TSE:7255) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.81% of its total shares outstanding excluding treasury shares, for a total of ¥50 million. The purpose of repurchase program is to is to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment.

The repurchase program is valid till November 22, 2024. As of May 22, 2024, the company has 3,555,963 shares outstanding excluding treasury shares and has 444,037 shares in treasury.