West Japan Railway Company (TSE:9021) announces a share repurchase program. Under the program, the company will repurchase 20,000,000 shares, representing 4.1% of its share capital, for ¥50,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will run until September 20, 2024. As of March 31, 2024, the company had 487,677,750 shares outstanding (excluding treasury shares) and 325,450 shares in treasury.