Fuji Media Holdings, Inc. (TSE:4676) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 4.44% of issued share capital, for ¥10,000 million. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment and to improve shareholder returns by improving capital efficiency.

The program will expire on March 31, 2024. As of March 31, 2023, the company had 225,354,666 issued and outstanding shares (excluding treasury shares) and 8,839,834 in treasury.