ExaWizards Inc. (TSE:4259) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 4.84% of its issued share capital, for ¥1,200 million. The purpose of the program is to implement flexible capital policy and use shares repurchased to secure mobility and flexibility for implementing M&A and capital alliances, as well as hiring and retaining employees.

The program will be valid till September 29, 2023. As of December 31, 2022, the company had 82,725,100 issued shares (excluding treasury stock) and one share of treasury stock.