ITmedia Inc. (TSE:2148) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.40 % of its issued share capital (excluding treasury stock) for ¥800 million. The purpose of the program is to strengthen shareholder returns and flexibly to implement capital policies in response to changes in the business environment.

The program will run until October 31, 2023. As of June 30, 2023, the company had 20,868,900 shares in issue (excluding treasury stock) and 1,072,098 shares in treasury.