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 4.57% of issued share capital, for ¥15,000 million. The purpose of the program is to improve return on capital through improvement to capital efficiency, as well as to enhance shareholder returns.

The program will expire on March 31, 2025. As of February 29, 2024, the company had 218,919,010 issued and outstanding shares (excluding treasury shares) and 15,275,490 in treasury.