Tamron Co.,Ltd. (TSE:7740) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.89% of its share capital, for ¥2,000 million. The purpose of the program is to enhance shareholder returns, while improving capital efficiency and ensuring a flexible capital policy.

The program will expire on March 31, 2024. As of December 31, 2023, the company had 21,141,671 shares in issue (excluding treasury stock) and 2,258,329 shares in treasury.