Nippon Express Co., Ltd. (TSE:9062) announces a share repurchase program. Under the program, the company will repurchase 2,000,000 shares, representing 2.15% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to return profits to shareholders and improve capital efficiency. The program will run until March 24, 2021. As of December 31, 2020, the company had 93,049,755 shares outstanding (excluding treasury shares) and 2,950,245 shares in treasury.