SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 195,000 shares, representing 1.86% of its issued share capital for ¥350 million. The purpose of the program is to enhance the return of profits to shareholders, improve capital efficiency, and implement agile capital policies that respond to changes in the business environment.

The program is valid till July 31, 2023. As of January 31, 2023, the company had 10,496,878 shares issued (excluding treasury stock) and 1,667,138 shares in treasury.