nms Holdings Corporation (JASDAQ:2162) announces a share repurchase program. Under the program, the company will repurchase 1,255,200 shares, representing 7.47% of its share capital, for ¥300 million. The shares will be repurchased at a price of ¥239 per share from Kanematsu Corporation.

The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. As of December 6, 2021, the company has 16,798,241 shares outstanding (excluding treasury shares) and 4,812,759 shares in treasury.