Toda Corporation (TSE:1860) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 shares, representing 2.4% of its share capital for ¥5,000 million. The purpose of the program is to enhance shareholder returns and carry out flexible capital policy.

The share repurchase program will run until November 13, 2024. As of September 30, 2023, the company had 312,546,208 shares outstanding and 10,110,588 shares in treasury.