The Board of Directors of Toyo Gosei Co. Ltd. (JASDAQ:4970) authorized a share repurchase program on November 22, 2012. Under the program, the company will repurchase up to 15,100 shares, representing 0.19% of its outstanding share capital, at a price of ¥379 per share, for a total cost of ¥5.72 million. Repurchases will be made in the Osaka Securities Exchange J-NET Market. The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. Repurchases will be made on November 26, 2012. As of November 22, 2012, the company has 8,143,390 shares outstanding and 190,867 shares held in treasury.


Toyo Gosei Co. Ltd.'s share repurchase program expired on November 26, 2012.