Tabio Corporation (TSE:2668) announces a share repurchase program. Under the program, the company will repurchase 25,000 shares, representing 0.37% of the outstanding shares for ¥37.5 million. The purpose of the program is to enhance shareholder returns and to allocate treasury stock to be delivered as transfer-restricted stock compensation.

The program will run until May 26, 2023. As of April 30, 2022, the company had 6,804,336 shares outstanding and 9,544 shares in treasury.