Yamato Holdings Co., Ltd. (TSE:9064) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 2.69% of its issued share capital (excluding treasury stock), for a total purchase price of ¥20,000 million. The purpose of the program is to enable the execution of flexible capital policies in response to changes in the business environment and improve shareholder value.

The program will continue through May 31, 2022. As of January 31, 2022, the company had 371,507,921 issued shares (excluding treasury stock) and 17,067,671 treasury shares.