Gendai Agency Inc. (TSE:2411) announces a share repurchase program. Under the program, the company will repurchase up to 900,000 shares, representing 6.57% of its issued shares(excluding treasury shares), for a total of ¥350 million. The purpose of the repurchase program is to improve capital efficiency and increase shareholder value.

The share repurchase program is valid until March 24, 2023. As of July 17, 2022, the company had 13,699,700 shares in issue(excluding treasury shares) and had 1,350,300 shares in treasury.