Papyless Co., Ltd. (JASDAQ:3641) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 2.47% of the outstanding shares for ¥500 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until February 10, 2022. As of August 10, 2021, the company had 10,115,186 shares outstanding and 211,694 shares in treasury.