Taiyo Kisokogyo Co.,Ltd. (TSE:1758) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 9.92% of its issued share capital (excluding treasury stock), for a total purchase price of ¥455 million. The shares will be repurchased at a price of ¥6,500 per share.

The purpose of the program is to enable flexible execution of capital policies in response to changes in the business environment. As of January 31, 2023, the company had 705,474 issued shares (excluding treasury stock) and 114,126 treasury shares.