Premium Water Holdings,Inc. (TSE:2588) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 0.14% of its issued share capital (excluding treasury stock), for ¥94.88 million. The shares will be repurchased at a price of ¥2,372 per share.

The purpose of the program is to carry out agile capital policies and return profits to shareholders in response to future changes in the business environment. The program will run until March 29, 2022. As of February 28, 2022, the company had 29,137,901 shares in issue (excluding treasury stock) and 501 shares in treasury.