Tekken Corporation (TSE:1815) announces a share repurchase program. Under the program, the company will repurchase up to 650,000 shares, representing 4.16% of its total shares outstanding (excluding treasury shares), for a total of ¥1,000 million. The purpose of repurchase program is to execute a flexible capital policy that responds to changes in the business environment and to improve the capital efficiency.

The repurchase program is valid till December 29, 2023. As of February 28, 2023, the company had 15,618,897 shares outstanding (excluding treasury shares) and had 50,059 shares in treasury.