Morpho, Inc. (TSE:3653) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 5.54% of its issued share capital (excluding treasury stock), at ¥1,200 per share, for ¥360 million. The purpose of the program is to utilize the incentive plan to promote the growth of the group and to carry out a flexible capital policy according to the business environment The program will run until March 16, 2022. As of August 31, 2021, the company had 5,414,000 shares in issue (excluding treasury stock) and 1,817 shares in treasury.