RIDE ON EXPRESS HOLDINGS Co., Ltd. (TSE:6082) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 6.52% of the outstanding shares for ¥1,000 million. The purpose of the program is to improve shareholder returns, enhance capital efficiency and enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until January 31, 2022. As of August 31, 2021, the company had 10,728,976 shares outstanding and 125,071 shares in treasury.