Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The purpose of the program is to enhance the shareholder returns, to improve capital efficiency and to implement a capital policy that responds to changes in the business environment.

The program will expire on February 13, 2024. As of December 31, 2022, the company had 16,873,367 issued shares (excluding treasury stock) and 1,064,506 treasury shares.