BIPROGY Inc. announces share repurchase program update

BIPROGY Inc. (TSE:8056) announced an update on its share repurchase program, in accordance with Article 165 (3) of the Companies Act. The company repurchased 196,300 shares of its common stock between May 1, 2025, and May 31, 2025, at a total cost of JPY1,088,607,600. The repurchases were conducted on the Tokyo Stock Exchange. This activity is part of a larger program approved by the Board of Directors on March 27, 2025, which authorized the repurchase of up to 2,500,000 shares, representing 2.5% of total shares issued (excluding treasury shares), for a maximum total cost of JPY10,000,000,000, with the program running until February 27, 2026. Cumulative repurchases to date under this resolution total 196,300 shares for JPY1,088,607,600.