Tokyo Theatres Company, Incorporated (TSE:9633) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 1.07% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to return profits to shareholders by improving capital efficiency and to enable flexible capital policy implementation in response to changes in the business environment.

The program will run until November 30, 2022. As of April 30, 2022, the company had 7,451,522 shares in issue (excluding treasury stock) and 561,478 shares in treasury.