Adways Inc. (TSE:2489) announces a share repurchase program. Under the program, the company will repurchase up to 5,700,000 shares, representing 13.57% of its issued share capital (excluding treasury stock), for ¥2,000 million. The purpose of the program is to return profits to shareholders and implement a flexible capital policy that responds to changes in the business environment.

The program will run until July 31, 2023. As of February 16, 2023, the company had 42,003,700 shares in issue (excluding treasury stock) and 2,394,980 shares in treasury.