Mobile Factory, Inc. (TSE:3912) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.83% of its issued share capital, for total worth of ¥250 million. The purpose of share repurchases is to acquire treasury stock in order to carry out the return. The program is valid till March 31, 2021. As of January 26, 2020, the company had 8,838,295 shares in issue and 307,876 shares are in treasury.