transcosmos inc. (TSE:9715) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.41% of its total shares outstanding (excluding treasury shares), for a total of ¥3,110 million. The shares will be repurchased at a price of ¥3,110 per share.

The purpose of repurchase program is to the improve shareholder value and to utilize a flexible capital policy that responds to changes in the business environment. As of September 30, 2022, the company had 41,473,257 shares outstanding (excluding treasury shares) and had 7,320,789 shares in treasury.