Toyo Suisan Kaisha, Ltd. (TSE:2875) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 2.45% of its issued share capital, for ¥25,000 million. The purpose of the program is to implement a flexible capital policy taking into consideration the business environment and financial situation for the fiscal years ending March 2024 and March 2025.

The program will be valid till June 4, 2025. As of March 31, 2024, the company has 102,175,886 issued shares (excluding treasury stock) and 8,705,158 treasury shares.