Wowow Inc. (TSE:4839) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 2.09% of its issued share capital, for ¥778.2 million. The shares will be repurchased at a price of ¥1,297 per share.

The purpose of the program is to implement flexible capital policy in light of changes in the business environment, the company's stock market price, and capital efficiency. as of February 24, 2023, the company had 28,706,037 shares issued (excluding treasury stock) and 138,363 shares in treasury.