Gexeed Co., Ltd. (TSE:3719) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 8.23% of total issued shares for ¥300 million. The company will acquire its own shares flexibly in order to enhance shareholder returns and improve capital efficiency.

The program will expire on November 15, 2024. As of December 31, 2023, the company had 24,291,895 shares issued and outstanding and 237 shares in treasury.