PiPEDO HD, Inc. (TSE:3919) announces a share repurchase program. Under the program, the company will repurchase up to 798,500 shares, representing 10.16% of its issued share capital (excluding treasury stock), at ¥2,611 per share, for ¥2,084.88 million. The program will run until January 31, 2022. The program is subject to completion of tender offer for the issued common stock and 3rd Stock Acquisition Rights after the completion of the Tender Offer for Shares of Other Companies. As of September 30, 2021, the company had 7,857,832 shares in issue (excluding treasury stock) and 334,532 shares in treasury.