Oenon Holdings, Inc. (TSE:2533) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 2.36% for ¥420 million. The shares will be repurchased at a price of ¥286 per share.

The purpose of the program is to implement agile capital policies and improve capital efficiency in response to changes in the business environment. The program will expire on November 30, 2022. As of June 30, 2022, the company had shares 59,432,592 in issue(excluding treasury stock) and 6,153,604 shares in treasury.