Alpha Group Inc. (TSE:3322) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 1.45% of its issued share capital (excluding treasury stock), for a total purchase price of ¥50 million. The purpose of the program is to improve shareholder returns and capital efficiency.

The program will be valid till May 31, 2024. As of August 31, 2023, the company had 4,820,634 issued shares (excluding treasury stock) and 2,141,766 treasury shares.