IFIS Japan Ltd. (TSE:7833) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, representing 0.26% of its issued share capital (excluding treasury stock), for a total purchase price of ¥14.63 million. The shares will be repurchased at a price of ¥585 per share.

The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. As of June 30, 2023, the company has 9,659,695 issued shares (excluding treasury stock) and 582,305 treasury shares.