Shimadzu Corporation (TSE:7701) announces a share repurchase program. Under the program, the company will repurchase 12,500,000 shares, representing 8.89% of its share capital, for ¥25,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will run until March 31, 2025. As of March 31, 2024, the company had 294,814,624 shares outstanding (excluding treasury shares) and 1,255,603 shares in treasury.