Ohba Co., Ltd. (TSE:9765) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 2.16% of its total shares outstanding (excluding treasury shares), for a total of ¥200 million. The purpose of repurchase program is to enhance shareholder returns, improve capital efficiency, and enable flexible capital policies in the future.

The repurchase program is valid till November 30, 2023. As of December 31, 2022, the company had 16,175,953 shares outstanding (excluding treasury shares) and had 1,324,047 shares in treasury.