Uchiyama Holdings Co., Ltd. (TSE:6059) announces a share repurchase program. Under the program, the company will repurchase up to 2,318,400 shares, representing 10.72% of its share capital for ¥1,400 million. The shares will be repurchased for the strengthening of shareholder returns, and the improvement of capital efficiency and To implement a flexible capital policy in response to changes in the business environment.

The shares will be repurchased in accordance with the provisions of articles of incorporation from the regulations of Article 165 Paragraph 2 of the Companies Act. The program will be valid till May 31, 2016.