Toyo Ink SC Holdings Co., Ltd. (TSE:4634) announces a share repurchase program. Under the program, the company will repurchase up to 2,335,200 shares, representing 4.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,628.37 million. The company intends to accept the repurchase of all of the company's shares(2,335,200 shares) held by Sakata INX Corporation.

The purpose of the program is to enhance shareholder returns, improve capital efficiency, implement agile capital policies in response to changes in the business environment, and increase corporate value. As of March 31, 2022, the company had 55,845,996 issued shares (excluding treasury stock) and 4,775,748 treasury shares.