GMO CLOUD K.K. (TSE:3788) announces a share repurchase program. Under the program, the company will repurchase up to 430,000 shares, representing 3.69% of its outstanding shares excluding treasury shares for ¥300 million. The shares will be market repurchased on the Tokyo Stock Exchange.

The purpose of the program is to improve the capital efficiency, carry out a flexible capital policy corresponding to the changes in the business environment and to improve the shareholders' returns. The program will be valid until July 29, 2016. As of December 31, 2015, the company had 11,641,656 outstanding shares excluding treasury shares and 51,344 shares in treasury.