OYO Corporation (TSE:9755) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 2.31% of its issued share capital (excluding treasury stock), for a total purchase price of ?1,000 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns. The program will continue through March 31, 2022. As of September 30, 2021, the company had 25,925,457 issued shares (excluding treasury stock) and 738,916 treasury shares.