SuRaLa Net Co.,Ltd. (TSE:3998) announces a share repurchase program. Under the program, the company will repurchase 134,000 shares, representing 2% of its issued share capital (excluding treasury stock), for a total purchase price of ¥134 million. The purpose of the program is to implement an agile capital policy and shareholder return policy in response to changes in the business environment.

The program will run until April 28, 2023. As of December 31, 2022, the company had 6,694,764 issued shares (excluding treasury stock) and 1,936 treasury shares.