Hosiden Corporation (TSE:6804) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 2.66% of the outstanding shares for ¥2,000 million. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment.

The program will run until March 31, 2022. As of January 31, 2022, the company had 56,455,109 shares outstanding and 8,254,975 shares in treasury.