property technologies Inc. (TSE:5527) announces a share repurchase program. Under the program, the company will repurchase up to 86,000 shares, representing 2.07% of its issued share capital (excluding treasury stock), for a total purchase price of ¥101.14 million. The shares will be repurchased at a price of ¥1,176 per share.

The purpose of the program is To carry out flexible capital policy in response to changes in the business environment. As of January 12, 2024, the company had 4,154,251 issued shares (excluding treasury shares) and no treasury shares.