Yossix Holdings Co.,Ltd. (TSE:3221) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.93% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The purpose of repurchase program is to expand shareholder returns, improve capital efficiency, implement stock-based compensation and other measures aimed at sustainably increasing corporate value.

The company will acquire treasury stock for the purpose of allocating the shares to be delivered as an incentive. The repurchase program is valid till September 30, 2024. As of September 30, 2023, the company had 10,360,604 shares outstanding excluding treasury shares and had 396 shares in treasury.