Fudo Tetra Corporation (TSE:1813) announces a share repurchase program. Under the program, the company will repurchase up to 320,000 shares, representing 2.07% of its issued share capital (excluding treasury stock), at ¥1,562.50 per share, for ¥500 million. The purpose of the program is to achieve the shareholder return target of 50% in the mid-term business plan. The program will run until July 30, 2021. As of March 31, 2021, the company had 15,482,801 shares outstanding and 1,006,721 shares in treasury.