Nomura Research Institute, Ltd. (TSE:4307) announces a share repurchase program. Under the program, the company will repurchase 10,000,000 shares, representing 1.72% of the outstanding shares for ¥30,000 million. The purpose of the program is to implement flexible capital policy to improve capital efficiency and respond to changes in the business environment.

The program will run until October 25, 2024. As of March 31, 2024, the company had 579,879,411 shares outstanding and 917,500 shares in treasury.