Nippon Hume Corporation (TSE:5262) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 2.35% of its issued share capital, for ¥800 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment and to return profits to shareholders.

The program will run until March 21, 2025. As of March 31, 2024, the company had 25,479,404 shares outstanding (excluding treasury stock) and 3,868,096 shares in treasury.