Marubeni Corporation (TSE:8002) announces a share repurchase program. Under the program, the company will repurchase up to 38,000,000 shares, representing 2.27% of its outstanding share capital (excluding treasury shares), for ¥50,000 million. The purpose of repurchase program is to enhance shareholder returns and to improve capital efficiency.

The repurchase program is valid till September 30, 2024. As of March 31, 2024, the company had 1,674,464,987 shares outstanding (excluding treasury shares) and had 1,832,520 shares in treasury.