Link and Motivation Inc. (TSE:2170) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.58% of its share capital, for ¥2,000 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment.

The share repurchase program will run until June 30, 2024. As of November 13, 2023, the company had 111,636,532 shares outstanding (excluding treasury shares) and 1,431,468 shares in treasury.