Zoom Corporation (JASDAQ:6694) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.09% of its issued share capital (excluding treasury stock), for a total purchase price of ¥75 million. The purpose of the program is to return profits to shareholders, improve capital efficiency, and implement future agile capital policies.

The program will continue through May 25, 2022. As of December 31, 2021, the company had 4,594,824 issued shares (excluding treasury stock) and 316,138 treasury shares shares (reflecting the split at a ratio of 2 shares per common stock on January 1, 2022).