Lib Work Co.,Ltd. (TSE:1431) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 0.86% of its share capital, for ¥150 million. The company will repurchase its shares in order to carry out incentive plans for its officers and employees and implement a flexible capital policy in response to changes in the business environment.

The program will run until June 23, 2022. As of December 31, 2021, the company had 23,292,040 shares outstanding (excluding treasury shares) and 696,695 shares in treasury.