Inbound Tech Inc. (TSE:7031) announces an share repurchase program. Under the program the company will repurchase 150,000 shares, representing 5.74% of the outstanding shares for ¥200 million. The purpose of the program is to improve capital efficiency and to return profits to shareholders.

The program will run until December 31, 2023. As of June 30, 2023, the company had 2,614,686 shares outstanding (excluding treasury stock) 114 shares in treasury.