Hitachi, Ltd. (TSE:6501) announces a share repurchase program. Under the program, the company will repurchase up to 21,000,000 shares, representing 2.27% of its total shares outstanding (excluding treasury shares), for a total of ¥200,000 million. The purpose of repurchase program is to increase the return of profits to shareholders.

The repurchase program is valid till March 31, 2025. As of March 31, 2024, the company had 926,621,704 shares outstanding (excluding treasury shares) and had 546,173 shares in treasury.