Striders Corporation (JASDAQ:9816) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.18% of its share capital, for ¥30 million. The company will repurchase its shares in order to improve capital efficiency by comprehensively considering the recent weak stock market conditions and our stock price trends.

The program will run until May 13, 2022. As of December 31, 2021, the company had 8,486,950 shares outstanding (excluding treasury shares) and 425,139 shares in treasury.