Osaka Gas Co., Ltd. (TSE:9532) announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, representing 3.66% of its share capital for ¥20,000 million. The purpose of the program is to return profits to shareholders and to improve capital efficiency.

The repurchased shares will be cancelled. The program will be valid till September 30, 2024. As of April 30, 2024, the company had 409,912,100 issued shares and 967,253 treasury shares.