MIT Holdings Co., Ltd. (TSE:4016) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 1.43% of its issued share capital, for ¥30 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment.

The program will expire on November 30, 2022. As of August 31, 2022, the company had 2,104,000 shares in issue and 100,000 shares in treasury.