internet infinity Inc. (TSE:6545) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.78% of its issued share capital (excluding treasury stock), for a total purchase price of ¥55.50 million. The shares will be repurchased at a price of ¥370 per share.

The purpose of the program is to improve shareholder returns and capital efficiency, and to implement a flexible capital policy. As of March 31, 2023, the company has 5,399,663 issued shares (excluding treasury stock) and 28,108 treasury shares.