AI CROSS Inc. (TSE:4476) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 6.3% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to increase shareholder returns by implementing flexible capital policies in response to changes in the business environment and improving capital efficiency.

The program will continue through February 29, 2024. As of October 31, 2023, the company had 3,989,879 issued shares (excluding treasury stock) and 47,471 treasury shares.