m-up holdings, Inc. (TSE:3661) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.27% of its total shares outstanding excluding treasury shares, for a total of ¥100 million. The purpose of repurchase program is to enable flexible capital policies that respond to changes in the business environment, as well as to enhance shareholder returns and improve capital efficiency.

The repurchase program is valid till May 31, 2024. As of March 31, 2024, the company had 36,496,388 shares outstanding excluding treasury shares and had 537,272 shares in treasury.