ASICS Corporation (TSE:7936) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.18% of its issued share capital (excluding treasury stock), for ¥15,000 million. The purpose of the program is to improve capital efficiency and return profits to shareholders.

The program will run until June 30, 2024. As of December 31, 2023, the company had 183,235,970 shares in issue (excluding treasury stock) and 6,634,589 shares in treasury