Zensho Holdings Co., Ltd. (TSE:7550) announces a share repurchase program. Under the program, the company will repurchase 1,200,000 shares, representing 0.78% of its share capital, for ¥2,000 million. The company will repurchase its shares in order to improve capital efficiency and implement a flexible capital policy in response to changes in the business environment. The program will run until October 15, 2020. As of June 30, 2020, the company had 152,969,071 shares outstanding (excluding treasury shares) and 1,893,754 shares in treasury.