TESEC Corporation (TSE:6337) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.65% of its issued share capital, for total worth of ¥230 million worth of its shares. The purpose of the program is to implement a flexible capital policy that responds to changes in the corporate environment.

The program is valid till March 31, 2023. As of September 30, 2022, the company has 5,659,795 shares in issue and 118,900 shares in treasury.