Bic Camera Inc. (TSE:3048) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 3.41% of its issued share capital for a total purchase price of ¥5,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency, and implement agile capital policies in response to changes in the business environment.

The program will expire on June 30, 2022. As of November 30, 2021, the company had 175,938,503 issued shares (excluding treasury stock) and 12,207,801 treasury shares.