Itoham Yonekyu Holdings Inc. (TSE:2296) announces a share repurchase program. Under the program, the company will repurchase 3,000,000 shares, representing 1.05% of its issued shares for ¥2,000 million. The purpose of the program is to implement shareholder return measures that consider financial soundness and capital efficiency, and maximize shareholder value.

The program will run until March 29, 2024. As of April 30, 2023, the company had 284,722,205 shares outstanding and 2,632,854 shares in treasury.