Remixpoint, Inc. (TSE:3825) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.43% of its total shares outstanding excluding treasury shares, for a total of ¥2,000 million. The purpose of repurchase program is to implement a flexible capital policy in response to changes in the business environment.

The program will be funded using other capital surplus as a source of funds. The repurchase program is valid till September 30, 2022. As of April 30, 2022, the company had 116,470,700 shares outstanding excluding treasury shares and has 60,000 shares in treasury.