SAN Holdings, Inc. (TSE:9628) announces a share repurchase program. Under the program, the company will repurchase up to 230,000 shares, representing 2.16% 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 October 31, 2022. As of April 30, 2022, the company had 10,669,078 shares issued (excluding treasury stock) and 134,600 shares in treasury.