Hoshizaki Corporation (TSE:6465) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 1.73% of its issued share capital, for ¥ 10,000 million. The purpose of the program is to increase corporate value by enhancing shareholder returns and improving capital efficiency.

The program is valid till September 20, 2024. As of March 31, 2024, the company had 144,872,471 shares (excluding treasury stock) and 3,429 shares in treasury.