T&D Holdings, Inc. (TSE:8795) announces a share repurchase program. Under the program, the company will repurchase up to 50,000,000 shares, representing 9.43% of its issued shares (excluding treasury stock) for ¥50,000 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency.

The repurchase program will continue until May 13, 2025. As of April 30, 2024, the company had 530,023,512 shares in issue (excluding treasury stocks) and 13,976,488 shares in treasury.