Taiheiyo Cement Corporation (TSE:5233) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 2.12% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,000 million. The purpose of the program is to return profits to shareholders based on the medium-term management plan.

The program will continue through December 29, 2023. As of September 30, 2023, the company had 117,672,966 issued shares (excluding treasury stock) and 4,312,112 treasury shares.