MERCURY REALTECH INNOVATOR Inc. (TSE:5025) announces a share repurchase program. Under the program, the company will repurchase up to 55,000 shares, representing 2.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥42.9 million. The shares will be repurchased at a price of ¥780 per share.

The purpose of the program is to to enable flexible execution of capital policy in response to changes in the business environment. The program will continue through January 27, 2023. As of November 30, 2022, the company had 2,689,900 issued shares (excluding treasury stock) and 54,100 treasury shares.