Hatena Co., Ltd. (TSE:3930) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.32% of its issued share capital (excluding treasury stock), for a total purchase price of ¥120 million. The purpose of the program is to implement agile capital policies and improve capital efficiency in response to changes in the business environment.

The program will continue through December 30, 2022. As of April 30, 2022, the company had 3,010,464 issued shares (excluding treasury stock) and 236 treasury shares.