Hirose Electric Co.,Ltd. (TSE:6806) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.83% of its share capital, at ¥16,960 per share, for ¥16,960 million. The company will repurchase its shares in order to enable shareholder returns and improve capital efficiency, and to enable agile capital policy in response to changes in the business environment.

As of May 26, 2022, the company has 35,365,735 shares outstanding (excluding treasury shares) and 1,861,354 shares in treasury.