Cyber Security Cloud, Inc. (TSE:4493) announces a share repurchase program. Under the program, the company will repurchase up to 141,800 shares, representing 1.53% of its issued share capital (excluding treasury stock), for a total purchase price of ¥400 million. The shares will be repurchased at a price of ¥2,820 per share.

The purpose of the program is to to reduce the short-term impact of this additional sale on the supply and demand of our stock and reduce the impact on existing shareholders, as well as provide flexible capital in response to future changes in the business environment. As of February 26, 2024, the company had 9,291,020 issued shares (excluding treasury stock) and 159,624 treasury shares.