Fundely Co., Ltd. (TSE:3137) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥25 million. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment.

The program will run until February 28, 2023. As of October 14, 2022, the company has 6,357,500 issued shares (excluding treasury stock) and 100,000 treasury shares.