Titan Kogyo, Ltd. (TSE:4098) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1.99% of its issued share capital for a total of ¥100 million. The purpose of the program is to further return profits to shareholders and improve capital efficiency.

The program will expire on April 28, 2022. As of December 31, 2021, the company had 3,015,192 shares outstanding and 12,434 shares held in treasury.