Mynet Inc. (TSE:3928) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares of common stock, representing 2.3% of its issued capital for ¥100 million. The purpose of the program is to expand shareholder returns and improve capital efficiency.

The share repurchase program is valid until June 30, 2022. As of December 31, 2021, the company had 8,698,760 shares outstanding excluding treasury shares and had 23,480 shares in treasury.