IR News｜News

 Benesse Corporation announced the decision of its board, which in a meeting today voted for a buyback of up to two million shares of common stock at a purchase price of at most 6 billion yen. Two million shares represent 1.9 percent of currently issued common stock. By complying with article 210 of Japan's Commercial Code, the company will use the opportunity the buyback affords to facilitate the effective execution of its financial policies in accord with changes in the business environment and to further improve future value for shareholders.

Pending approval at Benesse's annual shareholder meeting to be held on June 25, 2002, the details of the buyback will be finalized.