Macnica Holdings, Inc. (TSE:3132) announces a share repurchase program. Under the program, the company will repurchase 2,500,000 shares, representing 4.01% of the outstanding shares for ¥6,000 million. The purpose of the program is the shareholder return policy in the medium-term management plan for fiscal 2022 to fiscal 2024.

The repurchased shares will be cancelled. The program will run until March 24, 2023. As of September 30, 2022, the company had 62,335,515 shares outstanding (excluding treasury stock) and 695,067 shares in treasury.