IKK Holdings Inc . (TSE:2198) announces a share repurchase program. Under the program, the company will repurchase 620,000 shares, representing 2.07% of its share capital, for ¥400 million.

The company will repurchase its shares in order to implement a flexible capital policy that responds to future changes in the business environment. The program will run until June 30, 2023. As of October 31, 2022, the company had 29,904,251 shares outstanding (excluding treasury shares) and 52,549 shares in treasury.