House Foods Group Inc. (TSE:2810) announces a share repurchase program. Under the program, the company will repurchase up to 2,477,600 shares, representing 2.56% of issued share capital for ¥6,600.33 million. The shares will be repurchased at a price of ¥2,664 per share.

The program will expire on June 13, 2024. The purpose of the program is to improving capital efficiency and enhance shareholders' return. The repurchases will be made from companies own funds.

As of March 31, 2024, the company had 96,879,820 shares in issue (excluding treasury stock) and 3,870,800 shares in treasury.