SFP Holdings Co., Ltd. (TSE:3198) announces a share repurchase program. Under the program, the company will repurchase up to 3,300,100 shares (since the number of shares tendered exceeded the number of shares planned to be purchased, and as a result of unit adjustments based on a pro rata basis, the total number of shares to be purchased in the Board of Directors' resolution is one unit (100 shares) added to the number of shares planned to be purchased), representing 12.8% of its share capital, for ¥6,534.2 million at a price of ¥1,980 per share. The company will repurchase its shares in order to improve equity efficiency and return profits to shareholders.

The share repurchase program will run until August 21, 2023. As of July 20, 2023, the company had 25,788,304 shares outstanding (excluding treasury shares) and 385 shares in treasury.