Obara Group Incorporated (TSE:6877) announces a share repurchase program. Under the program, the company will repurchase up to 2,150,000 shares, representing 12.07% of its issued share capital, for ¥7,521 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency while maintaining the financial base necessary to implement our growth strategy.

The program will be valid till March 24, 2025. As of March 31, 2024, the company has 17,806,416 issued shares (excluding treasury stock) and 3,062,964 treasury shares.