PIXTA Inc. (TSE:3416) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 6.15% of its share capital, for ¥150 million. The company will repurchase its shares in order to return profits to shareholders, improve capital efficiency, and implement agile capital policies according to the business environment.

The share repurchase program will run until June 30, 2022. As of December 31, 2021, the company had 2,276,530 shares outstanding (excluding treasury shares) and 1,210 shares in treasury.