Carta Holdings, Inc. (TSE:3688) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 0.98% of its issued share capital (excluding treasury stock), for ¥440 million. The purpose of the program is to to enhance shareholder returns and improve capital efficiency.

The repurchased shares will be cancelled. The program will run until November 11, 2022. As of August 12, 2022, the company had 25,397,171 shares in issue (excluding treasury stock) and 402,234 shares in treasury.