Billing System Corporation (TSE:3623) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.52% of its issued share capital for ?100 million. The program is part of flexible capital policy and shareholder return policy in response to changes in the business environment. The program is valid till December 17, 2021. As of October 31, 2021, the company had 6,564,400 shares issued (excluding treasury stock) and 190,082 shares in treasury.