Toho Co., Ltd. (TSE:9602) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.29% of its share capital, for ¥24,000 million. The purpose of the program is to improve capital efficiency and enhance the return of profits to shareholders.

The program will expire on May 31, 2024. As of March 31, 2024, the company had 174,915,451 shares (excluding treasury stock) in issue and 11,575,182 shares in treasury.