IMV Corporation (TSE:7760) announces a share repurchase program. Under the program, company will repurchase up to 400,000 shares, representing 2.45% of its issued share capital, for a total of ¥250 million. The purpose of the program is to enhance capital efficiency, implement a flexible capital policy in response to changes in the business environment and to improve profits to shareholders.

The share repurchase program is valid until September 30, 2024. As of September 30, 2023, the company had 16,297,290 shares outstanding and 659,726 shares in treasury.