Nadex CO., Ltd. (JASDAQ:7435) announces a share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 6.4% of the issued share capital, for ¥600 million. The purpose of the program is to acquire and cancel treasury stock in order to return profits to shareholders and improve capital efficiency.

The program will run until March 29, 2024. As of April 30, 2023, the company had 9,324,734 shares issued (excluding treasury stock) and 281,066 shares in treasury.