Tokyo Tekko Co., Ltd. (TSE:5445) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 1.47% of its total shares outstanding excluding treasury shares, for a total of ¥500 million. The purpose of the program is to implement flexible capital policies in response to changes in the business environment, with the aim of enhancing shareholder returns and improving capital efficiency.

The program will be valid till June 28, 2024. As of March 31, 2024, the company had 8,870,752 shares outstanding excluding treasury shares and had 494,553 shares in treasury.