Yokogawa Bridge Holdings Corp. (TSE:5911) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.69% of its issued share capital (excluding treasury stock), for ¥1,000 million.

The purpose of the program is to achieve both financial soundness and capital efficiency, and the dividend payout ratio for shareholder returns. The program will run until November 30, 2022. As of June 30, 2022, the company had 41,331,360 shares in issue (excluding treasury stock) and 4,233,442 shares in treasury.