Sato Holdings Corporation (TSE:6287) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 5.92% of its issued share capital (excluding treasury stock), for ¥2,500 million. The purpose of the program is to expand shareholder returns and implement agile capital policies in response to changes in the business environment.

The program will run until March 31, 2023. As of March 31, 2022, the company had 33,787,007 shares in issue (excluding treasury stock) and 1,134,235 shares in treasury.