The Yokohama Rubber Company, Limited (TSE:5101) announces a share repurchase program. Under the program, the company will repurchase up to 1,314,700 shares, representing 0.78% of its issued share capital (excluding treasury stock) for ¥5,000 million. The purpose of the program is to enhance capital efficiency and support the company's growth strategy.

The program will be valid till November 20, 2024. As of June 30, 2024, the company had 169,549,081 shares outstanding and 8,752,591 treasury shares.