Toho to buy back up to 4 million shares, equivalent to 2.29% of issued shares, up to 24 billion yen

On this day (April 15), Toho announced that it will repurchase up to 4 million shares, or 24 billion yen, equivalent to 2.29% of the total number of issued shares. The implementation period is from April 16, 24 to May 31, 24. The Company will acquire the Company through an off-the-shelf purchase transaction (ToSTNeT-3) and a market purchase based on a discretionary trading agreement. The reason for the acquisition is to improve capital efficiency and enhance the return of profits to shareholders、......