Digital Arts Inc. (TSE:2326) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.43% of its total shares outstanding (excluding treasury shares), for a total of ¥1,000 million. The purpose of repurchase program is to return profits to shareholders and improve the capital efficiency.

The repurchase program is valid till December 31, 2023. As of July 7, 2023, the company had 13,951,867 shares outstanding (excluding treasury shares) and had 181,133 shares in treasury.