Tri-Stage Inc. (TSE:2178) announces a share repurchase program. Under the program, the company will repurchase 2,250,000 shares, representing 8.26% of its share capital, at ¥246 per share for ¥553.5 million. The company will repurchase its shares in order to stock price and stock value. As of March 31, 2020, the company had 27,253,940 shares outstanding (excluding treasury shares) and 3,263,260 shares in treasury.