Property Agent Inc. (TSE:3464) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.68% of its total shares outstanding (excluding treasury shares), for a total of ¥50 million. The purpose of repurchase program is to enable flexible execution of capital policies in response to changes in the business environment and to increase the profits to the shareholders by improving capital efficiency.

The repurchase program is valid till March 31, 2023. As of November 30, 2022, the company had 7,309,200 shares outstanding (excluding treasury shares) and has 777 shares in treasury.