BML, Inc. (TSE:4694) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 1.23% of its issued share capital for ¥2,000 million. The purpose of the program is to return of profits to shareholders, implement agile capital policies in response to changes in the business environment, improve capital efficiency, and enhance shareholder returns.

The program is valid till February 28, 2022. As of September 30, 2021, the company had 40,661,424 shares issued (excluding treasury stock) and 3,353,302 shares in treasury.