Hikari Holdings Co.,Ltd. (TSE:1445) announces a share repurchase program. Under the program, the company will repurchase up to 11,500 shares, representing 4.34% of its issued share capital (excluding treasury stock), for a total purchase price of ¥33.35 million. The shares will be repurchased at a price of ¥2,900 per share.

The purpose of the program is to improve the capital efficiency, execute a flexible capital policy as part of shareholder return policy. As of April 26, 2023, the company had 265,000 issued shares (excluding treasury stock) and 30,700 treasury shares.