TIS Inc. (TSE:3626) announces a share repurchase program. Under the program, the company will repurchase 12,000,000 shares, representing 4.78% of the outstanding shares for ¥30,000 million. The purpose of the program is to implement agile capital policies that flexibly respond to changes in the business environment and improve shareholder profits and capital efficiency.

The program will run until March 30, 2023. As of March 31, 2022, the company had 251,159,620 shares outstanding and 1,274 shares in treasury.