Altech Corporation (TSE:4641) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 1.49% of its issued share capital, for ¥900 million. The purpose of the program is to enable shareholder returns and a flexible capital policy that responds to changes in the business environment.

The program will run until June 12, 2023. As of December 31, 2022, the company had 20,146,610 shares outstanding (excluding treasury stock) and 1,600,065 shares in treasury.