Itoki Corporation (TSE:7972) announces a share repurchase program. Under the program, the company will repurchase up to 9,000,000 shares, representing 19.85% of its issued share capital, for ¥15,900 million. The purpose of the program is to achieve sustainable growth and increase corporate value and implement agile capital policies in response to changes in the business environment.

The program will be valid till February 29, 2024. As of December 31, 2023, the company has 45,348,263 issued shares (excluding treasury stock) and 316,174 treasury shares.