Mars Group Holdings Corporation (TSE:6419) announces a share repurchase program. Under the plan, the company will repurchase up to 400,000 shares, representing 2.36% of its shares outstanding excluding treasury shares, for a total of ¥720 million. The shares will be repurchased in order to return profits to shareholders and improve capital efficiency, and to implement agile capital policies in response to changes in the business environment.

The program will be valid till June 30, 2022. As of December 31, 2021, the company had 16,915,176 shares outstanding excluding treasury shares and had 5,804,824 shares in treasury.