Ahresty Corporation (TSE:5852) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 2.37% of its issued share capital, for ¥500 million. The purpose of the program is achieving both a sound financial position, improving capital efficiency and shareholder returns.

The program will run until August 31, 2024. As of December 31, 2023, the company had 25,332,302 shares outstanding and 744,415 shares in treasury.