San-Ai Obbli Co., Ltd. (TSE:8097) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 1.55% of its share capital, for ¥2,000 million. The company will repurchase its shares in order to enable the implementation of flexible capital policies in response to changes in the business environment.

The program will expire on December 31, 2024. As of April 30, 2024, the company had 64,311,870 shares outstanding (excluding treasury shares) and 1,688,130 shares in treasury.