Itec Corporation (JASDAQ:9964) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 6.44% of its issued share capital for ¥825 million. The shares will be repurchased at a price of ¥1,399 per share. The purpose of the program is to enhance shareholder returns and improve capital efficiency through agile capital policies. The program is valid till September 28, 2021. As of March 31, 2021, the company had 8,542,174 shares issued (excluding treasury stock) and 2,757,826 shares in treasury.