Vertex Corporation (TSE:5290) announces a share repurchase program. Under the program, the company will repurchase up to 215,000 shares, representing 0.80% of its total shares outstanding (excluding treasury shares), for a total of ¥300 million. The purpose of repurchase program is to enhance shareholder returns, to improve the capital efficiency and to implement flexible capital policies through changes in the business environment.

The repurchase program is valid till July 31, 2023. As of March 31, 2023, the company had 26,728,545 shares outstanding (excluding treasury shares) and had 3,824,805 shares in treasury.