MISUMI Group Inc. (TSE:9962) announces a share repurchase program. Under the program, the company will repurchase up to 12,000,000 shares, representing 4.26% of its total shares outstanding (excluding treasury shares), for a total of ¥20,000 million. The purpose of repurchase program is to enhance shareholder returns and implement a flexible capital policy.

The repurchase program is valid till November 29, 2024. As of March 31, 2024, the company had 281,839,798 shares outstanding (excluding treasury shares) and had 3,008,099 shares in treasury.