Papyless Co., Ltd. (JASDAQ:3641) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.53% of its issued share capital for ¥500 million. The purpose of the program is to carry out a flexible capital policy in response to changes in the business environment. The program is valid till February 10, 2022. As of September 15, 2021, the company had 9,865,186 shares issued (excluding treasury stock) and 461,694 shares in treasury.