PR TIMES, Inc. (TSE:3922) announces a share repurchase program. Under the program, the company will repurchase up to 22,000 shares, representing 0.16% of its issued share capital (excluding treasury stock), for a total purchase price of ¥50 million. The purpose of the program is to suppress dilution resulting from allocating shares to employees.

The program will continue through March 3, 2023. As of November 30, 2022, the company had 13,410,191 issued shares (excluding treasury stock) and 47,009 treasury shares.