transcosmos inc. (TSE:9715) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 5.07% of its total shares outstanding (excluding treasury shares), for a total of ¥6,790 million. The shares will be repurchased at a price of ¥3,395 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. The program is valid till February 22, 2023. As of November 11, 2022, the company had 39,473,257 shares outstanding (excluding treasury shares) and had 9,320,789 shares in treasury.