SRE Holdings Corporation (TSE:2980) announces a share repurchase program. Under the program, the company will repurchase up to 135,500 shares, representing 0.84% of its issued share capital (excluding treasury stock) for ¥500million. The purpose of the program is to return profits to shareholders and improve capital efficiency, to implement flexible capital policy in response to changes in management environment.

The program will run until June 30, 2024. As of September 30, 2023, the company had 16,185,558 shares in issue (excluding treasury stock) and 337 shares in treasury.