Virtualex Holdings, Inc. (TSE:6193) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 2.74% of its share capital, for ¥50 million. The company will repurchase its shares in order to implement a flexible capital policy, return profits to all shareholders, and improve capital efficiency.

The share repurchase program will run until March 22, 2024. As of February 21, 2024, the company had 2,925,024 shares outstanding (excluding treasury shares) and 64,729 shares in treasury