SuRaLa Net Co.,Ltd. (TSE:3998) announces a share repurchase program. Under the program, the company will repurchase 170,000 shares, representing 2.59% of its issued share capital (excluding treasury stock), for a total purchase price of ¥50 million. The purpose of the program is to implement an agile capital policy and shareholder return policy in response to changes in the business environment.

The program will run until July 31, 2024. As of March 31, 2024, the company had 6,558,556 issued shares (excluding treasury stock) and 136,208 treasury shares.