SAKAI Holdings CO.,LTD (TSE:9446) announces a share repurchase program. Under the program, the company will repurchase up to 598,800 shares, representing 5.77% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The shares will be repurchased at a price of ¥501 per share.

The purpose of the program is to improve capital efficiency. As of March 31, 2024, the company has 10,372,332 issued shares (excluding treasury stock) and 584,168 treasury shares.