YONEX Co., Ltd. (TSE:7906) announces a share repurchase program. Under the program, the company will repurchase up to 780,000 shares, representing 0.83% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,103.7 million. The shares will be repurchased at a price of ¥1,415 per share.

The purpose of the program is to carry out flexible capital policy in response to changes in the business environment. As of October 31, 2023, the company had 93,620,800 issued shares (excluding treasury stock) and 6,351,256 treasury shares.