Hioki E.E. Corporation (TSE:6866) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.46% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to enable greater return of profits to shareholders and the implementation of flexible capital policies in response to changes in the business environment.

The program will run until November 22, 2024. As of February 28, 2022, the company had 13,663,848 shares in issue (excluding treasury stock) and 360,517 shares in treasury.