Sonec Corporation (TSE:1768) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 0.41% of its issued share capital (excluding treasury stock), at ¥1,211 per share, for ¥36.33 million. The purpose of the program is to improve the shareholder value of shareholders by improving capital efficiency and to enable the execution of agile capital policies in response to changes in the business environment. The program will run until August 12, 2021. As of July 31, 2021, the company had 7,335,415 shares in issue (excluding treasury stock) and 164,585 shares in treasury.