PR TIMES, Inc. (TSE:3922) announces a share repurchase program. Under the program, the company will repurchase up to 20,400 shares, representing 0.15% of its issued share capital (excluding treasury stock), for ¥70 million. The purpose of the program is to suppress dilution resulting from allocating shares to employees.

The program will be valid till January 31, 2022. As of December 31, 2021, the company had 13,446,753 issued shares (excluding treasury stock) and 10,447 treasury shares.