Iriso Electronics Co., Ltd. (TSE:6908) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 5.07% of its issued share capital, for ¥ 3,600 million. The purpose of the program is to improve capital efficiency, including ROE and ROIC, and to enhance shareholder returns.

The program is valid till November 29, 2024. As of March 31, 2024, the company had 23,673,324 shares (excluding treasury stock) and 910,374 shares in treasury.