Toyo Wharf & Warehouse Co., Ltd. (TSE:9351) announces a share repurchase program. Under the program, the company will repurchase up to 134,900 shares, representing 1.74% of its total shares outstanding (excluding treasury shares), for a total of ¥200 million. The purpose of this is to improve value for shareholders and efforts to obtain a proper evaluation in the stock market.

The repurchase program is valid till September 29, 2023. As of March 31, 2023, the company had 7,740,000 shares outstanding (excluding treasury shares) and had 173,091 shares in treasury.