Cybernet Systems Co., Ltd. (TSE:4312) announces a share repurchase program. Under the program, the company will repurchase up to 320,000 shares, representing 1.03% for ¥230 million. The purpose of the program is to improve capital efficiency by comprehensively considering cash on hand and stock price level, and implementing it flexibly.

The program will expire on March 18, 2022. As of February 14, 2022, the company had 31,191,169 shares in issue (excluding treasury stock) and 884,831 shares in treasury.