H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 0.44% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The shares will be repurchased at a price of ¥858 per share.

The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. The repurchase program will be valid till February 14, 2022. As of February 9, 2022, the company has 123,754,428 issued shares (excluding treasury stock) and 1,446,968 treasury shares.