Interspace Co.,Ltd. (TSE:2122) announces a share repurchase program. Under the program, the company will repurchase up to 430,000 shares, representing 6.42% of its issued share capital (excluding treasury stock), for a total purchase price of ¥453.65 million. The shares will be repurchased at a price of ¥1,055 per share.

The purpose of the program is to improve capital efficiency enhance shareholder returns and enable flexible capital policies that respond to changes in the business environment. As of March 31, 2022, the company had 6,699,057 issued shares (excluding treasury stock) 268,143 treasury shares.