TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 1,800,000 shares, representing 0.74% of the outstanding shares for ¥6,200 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder profits and capital efficiency.

The program will run until August 31, 2023. As of March 31, 2023, the company had 242,935,354 shares outstanding and 1,510,057 shares in treasury.