Rentracks CO.,LTD. (TSE:6045) announces a share repurchase program. Under the program, the company will repurchase 20,000 shares, representing 0.25% of the outstanding shares for ¥12 million. The purpose of the program is to improve capital efficiency and enable flexible execution of capital policies in response to changes in the business environment.

The program will run until June 30, 2022. As of December 31, 2021, the company had 7,875,457 shares outstanding and 100,343 shares in treasury.