Atrae, Inc. (TSE:6194) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 5.2% of its issued share capital, for ¥1,000 million. The purpose of the program is enhancing shareholder returns, improving capital efficiency, and enable flexible execution of capital policy in response to changes in the business environment.

The program will be valid till July 31, 2023. As of March 31, 2023, the company had 27,002,489 issued shares (excluding treasury stock) and 18,711 shares of treasury stock.