Oriental Land Co., Ltd. (TSE:4661) announces a share repurchase program. Under the program, the company will repurchase up to 18,000,000 shares, representing 1.09% of its issued share capital, for ¥ 75,260 million. The repurchase price will be ¥ 3,435 per share.

The shares will be repurchased from Keisei Electric Railway Co., Ltd. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The repurchased shares will be cancelled. As of October 31, 2024, the company had 1,657,579,28 shares issued (excluding treasury stock)and 160,871,515 shares in treasury.