Simplex Financial Holdings Co., Ltd. (TSE:7176) announces a share repurchase program. Under the program, the company will repurchase 560,000 shares, representing 39.72% of its share capital, for ¥2,595.60 million. The shares will be repurchased at a price of ¥4,635 per share. The company will repurchase its shares in order to return profits to shareholder, as part of implementing a flexible capital policy in response to changes in the business environment. The program is valid till August 11, 2021. As of August 9, 2021, the company had 1,410,000 shares outstanding and 0 shares in treasury.