Paltac Corporation (TSE:8283) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The purpose of the program is to enable the enhancement of shareholder returns, improvement of capital efficiency, and flexible execution of capital policies according to the business environment. The program will be valid till January 31, 2022. As of September 30, 2021, the company had 63,547,098 issued shares (excluding treasury stock) and 6,387 treasury shares.