Toho Zinc Co., Ltd. (TSE:5707) announces a share repurchase program. Under the program, the company will repurchase up to 8,500 shares, representing 0.06% of its total shares outstanding (excluding treasury shares), for a total of ¥20 million. The purpose of repurchase program is to allocate the treasury stock to be delivered as restricted stock remuneration to the directors and (excluding directors who are audit and supervisory committee members and outside directors) and executive officers of the company.

The repurchase program is valid till July 14, 2023. As of March 31, 2023, the company had 13,577,901 shares outstanding (excluding treasury shares) and had 7,620 shares in treasury.