Oenon Holdings, Inc. (TSE:2533) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 2.06% of its total shares outstanding excluding treasury shares, for a total of ¥510 million. The purpose of repurchase program is to enhance stock return and improve capital efficiency.

The repurchase program is valid till August 30, 2024. As of March 31, 2024, the company had 58,210,150 shares outstanding excluding treasury shares and had 7,376,046 shares in treasury.