Wacom Co., Ltd. (TSE:6727) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 8.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥6,500 million. The purpose of the program is to enhance shareholder returns and to improve capital efficiency.

The program will be valid till March 29, 2024. As of March 31, 2023, the company had 154,653,112 shares outstanding (excluding treasury shares) and 3,346,888 shares in its treasury.