THine Electronics, Inc. (TSE:6769) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares , representing 1.4% of its issued share capital, for ¥180 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment and return profits to shareholders.

The program is valid till March 31, 2024. As of December 31, 2023, the company had 10,701,063 issued shares (excluding treasury stock) and 1,639,037 shares in treasury stock.