Hatena Co., Ltd. (TSE:3930) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 2.02% of its total shares outstanding (excluding treasury shares), for a total of ¥60 million. The purpose of repurchase program is to implement a flexible capital policy that responds to changes in the business environment and improve capital efficiency.

The repurchase program is valid till August 31, 2023. As of April 30, 2023, the company had 2,967,064 shares outstanding (excluding treasury shares) and had 56,636 shares in treasury.