Isuzu Motors Limited (TSE:7202) announces a share repurchase program. Under the program, the company will repurchase up to 35,000,000 shares, representing 4.51% of its share capital, for ¥50,000 million. The purpose of the program is to comprehensively maintain a balance between securing growth investment funds and increasing internal reserves for the purpose of maintaining financial soundness and to implementing shareholder returns.

The program will expire on March 31, 2024. As of September 30, 2023, the company had 775,232,940 shares in issue (excluding treasury stock) and 2,209,129 shares in treasury.