Gakkyusha Co.,Ltd. (TSE:9769) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 0.9% of its share capital, for ¥100 million. The company will repurchase its shares in order to return profits to shareholders and carry out a flexible capital policy in response to changes in the business environment. The program will run until November 30, 2020. As of June 30, 2020, the company had 11,077,059 shares outstanding (excluding treasury shares) and 135,233 shares in treasury.