CIRCULATION Co.,Ltd. (TSE:7379) announces a share repurchase program. Under the program, the company will repurchase up to 82,600 shares, representing 0.99% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to expand shareholder returns and improve capital efficiency, and to implement agile capital policies that respond to future changes in the business environment.

The repurchased shares will be cancelled. The program will run until July 29, 2022. As of April 30, 2022, the company had 8,266,400 shares in issue (excluding treasury stock) and 0 shares in treasury.