TOA Corporation (TSE:6809) announces a share repurchase program. Under the program, the company will repurchase 2,150,000 shares, representing 4.1% of the issued shares (excluding treasury stock) for ¥2,343.5 million. The shares will be repurchased at ¥1,090 per share.

The purpose of the program is to implement flexible capital policies and returns to shareholders in response to changes in the business environment. As of January 31, 2024, the company had 32,181,687 issued shares (excluding treasury stock) and 1,954,948 shares in treasury.