Banners Co., Ltd. (TSE:3011) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.55% of its issued share capital for ?30.75 million. The shares will be repurchased at a price of ?123 per share. The purpose of the program is improvement of capital efficiency and the execution of agile capital policies. The program is valid till November 12, 2021. As of October 31, 2021, the company had 16,174,520 shares issued (excluding treasury stock) and 4,061,566 shares in treasury.