FreeBit Co., Ltd. (TSE:3843) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 1.57% of its share capital, for ¥400 million. The company will repurchase its shares in order to increase its value per share in response to changes in the stock market and to implement agile capital policies in response to changes in the business environment. The program will run until March 31, 2022. As of December 15, 2021, the company had 19,100,031 shares outstanding (including treasury shares) and 4,313,969 shares in treasury.