Hogy Medical Co.,Ltd. (TSE:3593) announces a share repurchase program. Under the program, the company will repurchase up to 4,700,000 shares, representing 16.32% of its issued share capital (excluding treasury stock), for a total purchase price of ¥14,711 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, and to implement agile capital policies in response to changes in the business environment.

As of December 31, 2021, the company had 28,802,103 issued shares (excluding treasury stock) and 3,880,207 treasury shares.