TOTO LTD. (TSE:5332) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 4.72% of its total shares outstanding (excluding treasury shares), for a total of ¥20,000 million. The purpose of repurchase program is enhancing capital efficiency and promoting agile capital policies in response to a changing business environment.
The repurchase program is valid till December 30, 2025. As of March 31, 2025, the company had 169,664,532 shares outstanding (excluding treasury shares) and had 7,316,765 shares in treasury.