Trans Genic Inc. (TSE:2342) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.78% of its issued share capital, for ¥100 million. The purpose of the program is agile capital policy implementation and shareholder return measures in response to changes in the business environment.

The program is valid till March 22, 2024. As of November 22, 2023, the company had 16,893,719 shares issued (excluding treasury stock) and 105,422 shares in treasury.