UNITED, Inc. (TSE:2497) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 2.73% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is to improve capital efficiency and stock value.

The repurchased shares will be cancelled. The program will be valid till December 23, 2022. As of March 31, 2022, the company had 20,169,146 issued shares (excluding treasury stock) and 587,199 treasury shares.