TORQ Inc. (TSE:8077) announces a share repurchase program. Under the program, the company will repurchase up to 260,000 shares, representing 1.04% of its issued share capital (excluding treasury stock), for a total purchase price of ¥60.58 million. The shares will be repurchased at a price of ¥233 per share.

The purpose of the program is to enhance shareholder returns and enable the implementation of a flexible capital policy in response to changes in the business environment. As of June 28, 2024, the company has 24,868,757 issued shares (excluding treasury stock) and 3,138,691 treasury shares.