Sawai Group Holdings Co., Ltd. (TSE:4887) announces a share repurchase program. Under the program, the company will repurchase up to 6,900,000 shares, representing 15.75% of its share capital, for ¥33,000 million. The purpose of the program is capital efficiency improvement and improve shareholder return.

The program will expire on March 31, 2025. As of May 31, 2024, the company had 43,802,973 shares in issue (excluding treasury stock) and 366 shares in treasury.