Jp-Holdings,Inc. (TSE:2749) announces a share repurchase program. Under the program, the company will repurchase 2,635,500 shares, representing 3.01% of its issued share capital, for ¥ 711.59 million. The purpose of the program is to improve shareholder returns and implement a flexible capital policy by enhancing capital efficiency.

The plan will be valid till January 31, 2023. As of September 30, 2022, the company had 87,482,968 shares issued and 366,432 shares in treasury.