Dynic Corporation (TSE:3551) announces a share repurchase program. Under the program, the company will repurchase will repurchase up to 120,000 shares, representing 1.42% of its issued share capital for a total of ¥70 million. The purpose of the program is to improve capital efficiency and execute agile capital policies in response to changes in the business environment, increase shareholder value per share, and enhance the return of profits to shareholders.

The program will expire on January 31, 2023. As of March 31, 2022, the company 8,474,302 shares outstanding and 30,445 shares in treasury.