T-Gaia Corporation (TSE:3738) announces a share repurchase program. Under the program, the company will repurchase 17,000,000 shares, representing 30.32% of the outstanding shares for ¥42,041 million. The shares will be repurchased at a price of ¥2,473 per share.

The purpose of the program is to improve enterprise value in mid to long term. The program will run until January 30, 2025. As of September 30, 2024, the company had 56,074,000 shares outstanding and 226,595 shares in treasury.