J. Front Retailing Co., Ltd. (TSE:3086) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 0.14% of its issued share capital (excluding treasury stock), for ¥10,000 million. The purpose of the program is to enhance medium to long term return on capital.

The program will run until July 31, 2024. As of February 29, 2024, the company had 264,288,582 shares in issue (excluding treasury stock) and 6,277,182 shares in treasury.