MIT Holdings Co., Ltd. (JASDAQ:4016) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 4.85% of its issued share capital for ¥100 million. The purpose of the program is to to improve the level of shareholder returns and to implement agile capital policies in response to changes in the business environment.

The program will run until July 31, 2022. As of January 14 2022, the company had 2,062,200 shares in issue (excluding treasury stock) and 0 shares in treasury.