Yokogawa Bridge Holdings Corp. (TSE:5911) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.47% of its total shares outstanding (excluding treasury shares), for a total of ¥1,000 million.

The purpose of repurchase program is to expand returns to shareholders and improve the capital efficiency. The repurchase program is valid till October 31, 2023. As of June 30, 2023, the company had 40,902,536 shares outstanding (excluding treasury shares) and had 2,262,266 shares in treasury.