Tokyo Energy & Systems Inc. (TSE:1945) announces a share repurchase program. Under the program, the company will repurchase 800,000 shares, representing 2.3% of its issued share capital, for ¥840 million at a price of ¥1,050 per share. The program is valid till February 5, 2024.

As of December 31, 2023, the company has 34,270,945 shares issued (excluding treasury stock) and 2,990,807 shares in treasury.