Shin Maint Holdings Co.,Ltd. (TSE:6086) announces a share repurchase program. Under the program, the company will repurchase up to 240,000 shares, representing 2.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to further return profits to shareholders and improve capital efficiency, and to enable the execution of agile capital policies in response to changes in the business environment.

The program will continue through May 31, 2022. As of November 30, 2021, the company had 10,215,609 issued shares (excluding treasury stock) and 617,391 treasury shares.