Alpha Group Inc. (TSE:3322) announces a share repurchase program. Under the program, the company will repurchase up to 850,000 shares, representing 15.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥565.25 million. The shares will be repurchased at a price of ¥665 per share.

The purpose of the program is to carry out a flexible capital policy that responds to changes in the business environment and to improve capital efficiency. As of March 31, 2023, the company had 5,652,634 issued shares (excluding treasury stock) and 1,309,766 treasury shares.