TAKADAKIKO (Steel Construction) CO.,LTD. (TSE:5923) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 4.26% of its issued shares for a total of ¥211.41 million. The shares will be repurchased at a purchase price of ¥2,349 per share.

The purpose of the program is to improve shareholder profits by implementing agile capital policies that respond to changes in the business environment and improving capital efficiency. The program is valid till November 11, 2022. As of September 30, 2022, the company had 2,110,997 issued shares (excluding treasury stock) and 126,589 shares in treasury.