Virtualex Holdings, Inc. (TSE:6193) announces a share repurchase program. Under the program, the company will repurchase up to 65,000 shares, representing 2.26% of its share capital, for ¥58.83 million. The shares will be repurchased at ¥905 per share.

The company will repurchase its shares in order to realize profit returns to shareholders and improve capital efficiency by implementing a flexible capital policy. As of July 5, 2024, the company had 2,874,924 shares outstanding (excluding treasury shares) and 114,829 shares in treasury