JTEC Corporation (JASDAQ:2479) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 6.31% of its share capital, for ¥100 million. The company will repurchase its shares in order to enable flexible execution of capital policies in response to changes in the business environment. The program will run until August 31, 2022. As of February 28, 2022, the company had 8,572,400 shares outstanding (excluding treasury shares) and 648,600 shares in treasury.

On March 1, 2022, the company corrected the outstanding shares as the total number of shares including treasury stock was shown. The total number of issued shares (excluding treasury stock) were 7,923,800 shares.