LA Holdings Co., Ltd. (TSE:2986) announces a share repurchase program. Under the program, the company will repurchase up to 6,246,639 shares, representing 2.4% of its issued share capital (excluding treasury stock), for a total purchase price of ¥750 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement a flexible capital policy in response to changes in the business environment.

The program will continue through August 30, 2024. As of April 30, 2024 the company had 6,246,639 issued shares (excluding treasury stock) and 136 treasury shares.