Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.8% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to execute timely and flexible capital policy measures.

The share repurchase program will run until September 30, 2024. As of February 29, 2024, the company had 105,141,299 shares outstanding (excluding treasury shares) and 114,986 shares in treasury.