Cosmo Energy Holdings Co., Ltd. (TSE:5021) announces a share repurchase program. Under the program, the company will repurchase 3,500,000 shares, representing 4.15% of the outstanding shares for ¥23,000 million. The purpose of the program is to to improve capital efficiency and enhance shareholder returns.

The program will run until March 31, 2025. As of March 31, 2024, the company had 84,351,597 shares in issue (excluding treasury stock) and 2,164 shares in treasury.