Keiyo Co., Ltd. (TSE:8168) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 2.51% of its share capital, for ¥1,332 million. The company will repurchase its shares in order to to improve capital efficiency and implement a flexible capital policy.

The program will run until January 6, 2023. As of August 31, 2022, the company had 59,676,329 shares outstanding (excluding treasury shares) and 5,463,855 shares in treasury.