YONEX Co., Ltd. (TSE:7906)  announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 0.25% of its issued share capital for ¥294.36 million. The shares will be repurchased at a price ¥1,338 per share.

The purpose of the program is to carry out agile capital policies in response to changes in the business environment. As of October 31, 2022, the company had 87,347,830 shares issued (excluding treasury stock) and 6,272,970 shares in treasury.