MEDIA DO Co., Ltd. (TSE:3678) announces a share repurchases program. Under the program, the company is authorized to repurchase up to 450,000 shares, representing 2.91% of issue for ¥500 million worth. The share repurchase program implemented as a part of a flexible capital policy that responds to changes in the business environment and as part of its shareholder return policy.

The program will be valid till July 31, 2023. As of February 28, 2023, the company has 15,437,820 shares issued and 18,118 shares in treasury.