La Holdings Co., Ltd. (JASDAQ:2986) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 4.64% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The purpose of the program is return shares and improve capital efficiency, and to implement agile capital policies that respond to changes in the business environment.

The program will continue through June 30, 2022. As of December 31, 2021 the company had 5,387,175 issued shares (excluding treasury stock) and 44 treasury shares.