TV TOKYO Holdings Corporation (TSE:9413) announces a share repurchase program. Under the program, the company will repurchase up to 330,000 shares, representing 1.18% of its issued share capital (excluding treasury stock), for ¥685.41 million. The shares will be repurchased at a price of ¥2,077 per share The purpose of the program is to to return profits to shareholders and improve capital efficiency.

The repurchased shares will be cancelled. The program will run until February 9, 2022. As of September 30, 2021, the company had 28,077,763 shares in issue (excluding treasury stock) and 201,737 shares in treasury.