Takasago International Corporation (TSE:4914) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥531.8 million. The shares will be repurchased at a price of ¥2,659 per share.

The purpose of the program is to improve capital efficiency and enhance shareholder returns. As of December 31, 2022, the company has 19,655,916 issued shares (excluding treasury stock) and 496,481 treasury shares.