ViSCO Technologies Corporation (TSE:6698) announces a share repurchase program. Under the program, the company will repurchase up to 190,000 shares, representing 3.01% of its issued share capital (excluding treasury stock), for ¥150 million. The shares will be repurchased at a price of ¥2,372 per share.

The purpose of the program is to implement agile capital policies in response to changes in the business environment, improve capital efficiency, and enhance shareholder returns. The program will run until September 30, 2022. As of March 31, 2022, the company had 6,308,037 shares in issue (excluding treasury stock) and 121,563 shares in treasury.