House Foods Group Inc. (TSE:2810) announces a share repurchase program. Under the program, the company will repurchase up to 2,477,600 shares, representing 2.56% of issued share capital for ¥6,600.33 million. The purpose of the program is to improving capital efficiency and enhance shareholders' return.

The repurchases will be made from companies own funds. The program will expire on July 31, 2024. As of March 31, 2024, the company had 96,879,820 shares in issue (excluding treasury stock) and 3,870,800 shares in treasury.