Advanced Media, Inc. (TSE:3773) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 16.31% of its share capital, for ¥3,000 million. The purpose of the program is to return profits to shareholders and improve capital efficiency, and to implement agile capital policies for future business expansion and achievement of business plans.

The program will expire on June 29, 2023. As of March 31, 2022, the company had 18,392,591 shares in issue (excluding treasury stock) and 133 shares in treasury.