Cyber Security Cloud, Inc. (TSE:4493) announces a share repurchase program. Under the program, the company will repurchase up to 159,600 shares, representing 1.69% 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 ¥2,506 per share.

The purpose of the program is to mitigate the short-term impact on the supply and demand for the stock and reducing the impact on existing shareholders, as well as implement a flexible capital policy in response to changes in the business environment. As of December 31, 2023, the company had 9,450,620 issued shares (excluding treasury stock) and 24 treasury shares.