H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 11.28% of its issued share capital (excluding treasury stock), for a total purchase price of ¥29,000 million. The purpose of the program is to improve capital efficiency.

As of March 31, 2024, the company has 115,235,424 issued shares (excluding treasury stock) and 9,965,972 treasury shares.