Fringe81 Co, Ltd. (TSE:6550) announces a share repurchase program. Under the program, the company will repurchase 37,000 shares, representing 0.37% of its share capital, at ¥806 per share for ¥29.82 million. The company will repurchase its shares in order to approve certain restricted transferable shares to be issued to its employees. As of January 31, 2020, the company had 9,868,000 shares outstanding (excluding treasury shares) and 174 shares in treasury.