K's Holdings Corporation (TSE:8282) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 5.46% of its total shares outstanding (excluding treasury shares), for a total of ¥10,000 million. The purpose of repurchase program is to increase shareholder value, improve capital efficiency, and implement a flexible capital policy that responds to changes in the business environment.

The repurchase program is valid till October 31, 2023. As of March 31, 2023, the company had 183,077,311 shares outstanding (excluding treasury shares) and had 16,922,689 shares in treasury.