Tenox Corporation (TSE:1905) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 2.89% of the outstanding shares for ¥170 million. The purpose of the program is to expand shareholder returns and to improve capital efficiency.

The program will run until February 28, 2023. As of March 31, 2022, the company had 6,913,861 shares in issue (excluding treasury stock).