Funai Soken Holdings Incorporated (TSE:9757) announces a share repurchase program. Under the program, the company will repurchase 1,200,000 shares, representing 2.51% of its share capital, for ¥3,000 million. The company will repurchase its shares in order to improve capital efficiency and enhance shareholder returns by executing a flexible capital policy that responds to changes in the business environment.

The program will run until December 31, 2024 As of December 31, 2023, the company had 47,813,776 shares outstanding (excluding treasury shares) and 4,186,224 shares in treasury