Takashima & Co., Ltd. (TSE:8007) announces a share repurchase program. Under the program, the company will repurchase up to 2,300,000 shares, representing 12.91% of its total shares outstanding (excluding treasury shares), for a total of ¥800 million. The purpose of the program is improving shareholder returns and capital efficiency and implementing a flexible capital policy in response to the business environment.

The repurchase program is valid till September 30, 2024. As of September 30, 2023, the company had 17,813,428 shares outstanding (excluding treasury shares) and had 51,664 shares in treasury (after taking the stock split into account).