BrainPad Inc. (TSE:3655) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 1.37% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to return profits to shareholders and improve capital efficiency.

The program will continue through October 31, 2022. As of June 30, 2022, the company had 21,928,002 issued shares (excluding treasury stock) and 372,594 treasury shares.