CRI Middleware Co., Ltd. (TSE:3698) announces a share repurchase program. Under the program, the company will repurchase up to 240,000 shares, representing 4.40% of its issued share capital (excluding treasury stock), for a total purchase price of ¥222.72 million. The shares will be repurchased at a price of ¥928 per share.

The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of December 31, 2022, the company has 5,456,773 issued shares (excluding treasury stock) and 121,377 treasury shares.