AS ONE Corporation (TSE:7476) announces a share repurchase program. Under the program, the company will repurchase up to 440,000 shares, representing 0.37% of its share capital, for ¥2,284.04 million. The shares will be repurchased at ¥5,191 per share.

The purpose of the program is to enhance the return of profits to shareholders by improving capital efficiency. The repurchased shares will be cancelled. As of February 29, 2024, the company had 36,203,527 shares in issue (excluding treasury stock) and 4,072,743 shares in treasury.