teno. Holdings Company Limited (TSE:7037) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 6.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100 million.

The purpose of the program is to implement agile capital policies in response to changes in the business environment and enhancement of shareholder returns. The program will continue through May 31, 2022. As of December 31, 2021, the company had 4,683,076 issued shares (excluding treasury stock) and 4,683,224 treasury shares.