Alfresa Holdings Corporation (TSE:2784) announces a share repurchase program. Under the program, the company will repurchase up to 21,000,000 shares, representing 10.37% of its total shares outstanding (excluding treasury shares), for a total of ¥35,000 million. The purpose of repurchase program is to improve capital efficiency and enhance shareholder returns.

The repurchase program is valid till March 22, 2024. As of March 31, 2023, the company had 202,522,050 shares outstanding (excluding treasury shares) and had 317,950 shares in treasury.