Topre Corporation (TSE:5975) announces a share repurchase program. Under the program, the company will repurchase up to 1,350,000 shares, representing 2.57% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,024 million. The shares will be repurchased at a price of ¥2,240 per share.

The purpose of the program is to improve capital efficiency and enable flexible capital policy implementation in response to changes in the business environment. As of December 31, 2023, the company had 52,620,719 issued shares (excluding treasury stock) and 1,401,105 treasury shares.