Nomura Holdings, Inc. (TSE:8604) announces a share repurchase program. Under the plan, the company will repurchase up to 40,000,000 shares, representing 1.1% for ¥30,000 million. The shares would be purchased on the stock exchange through a trust bank.

The purpose of the program is to issue shares upon the exercise of stock options, to increase the capital efficiency and to ensure a flexible capital management policy. Approximately 5,000,000 shares will be used for stock options. The shares will be repurchased pursuant to Article 459-1 of the Companies Act of Japan.

The repurchase program will be valid till March 27, 2015. As of December 31, 2014, the company had 3,822,562,601 outstanding shares including 178,580,805 shares as treasury stock.