SUNNEXTA GROUP Inc. (TSE:8945) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, representing 10.91% of its share capital, for ¥1,163.8 million. The company will repurchase its shares in order to implement agile capital policies in response to changes in the business environment, improve capital efficiency, and enhance shareholder returns.

The program will expire on June 30, 2022. As of December 31, 2021, the company had 10,080,941 shares outstanding (excluding treasury shares) and 1,146,959 shares in treasury.