Tayca Corporation (TSE:4027) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.86% of its total shares outstanding excluding treasury shares, for a total of ¥300 million. The purpose of repurchase program is to improve capital efficiency and enhance shareholder returns.

The repurchase program is valid till March 22, 2024. As of September 30, 2023, the company had 23,179,331 shares outstanding excluding treasury shares and had 2,535,083 shares in treasury.