Toyoda Gosei Co., Ltd. (TSE:7282) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 2.7% of its issued share capital, for ¥10,000 million. The purpose of the program is implementing self-financing measures to enhance shareholder returns and improve capital efficiency based on the financial policy of our 2030 business plan.

The program is valid till November 30, 2023. As of September 30, 2023, the company had 129,526,298 issued shares (excluding treasury stock) and 560,349 shares in treasury stock.