NH Foods Ltd. (TSE:2282) announces a share repurchase program. Under the program, the company will repurchase 4,000,000 shares, representing 3.90% of its share capital, for ¥20,000 million. The purpose of program is to return profits to shareholders and optimizing its debt and capital structure.

The program will run until March 31, 2025. As of April 30, 2024, the company had 102,656,490 shares issued and 302,414 shares in treasury.