Trend Micro Incorporated (TSE:4704) announces a share repurchase program. Under the program, the company will repurchase 6,300,000 shares, representing 4.47% of its share capital, for ¥40,000 million. The company will repurchase its shares in order to improve the efficiency of shareholders' equity by optimizing the level of cash and to implement flexible capital policies in response to changes in the business environment.

The program will run until November 29, 2024. As of January 31, 2024, the company had 140,879,104 shares in issue (excluding treasury shares) and 5,211,277 shares in treasury.