PBsystems,Inc. (TSE:4447) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 2.3% of the outstanding shares for ¥100 million. The purpose of the program is improve capital efficiency and implement a flexible capital policy in response to changes in the business environment.

The program will expire on October 31, 2023. As of August 31, 2023, the company had 6,533,405 issued shares and had 50,095 shares in treasury.