Macromill, Inc. (TSE:3978) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 3.79% of its issued share capital, for ¥1,200 million. The purpose of program is improving capital efficiency and executing a flexible capital policy according to the business environment and returning profits to shareholders.

The program will expire on September 30, 2023. As of March 31, 2023, the company had 39,588,065 shares in issue (excluding treasury stock) and 892,435 shares in treasury.