Toami Corporation (TSE:5973) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.6% of its issued share capital (excluding treasury stock), for ¥42 million. The shares will be repurchased at a price of ¥420 per share.

The purpose of the program is to carry out agile capital policies that respond to changes in the business environment. The program will run until May 23, 2022. As of May 20, 2022, the company had 6,247,549 shares in issue (excluding treasury stock) and 152,451 shares in treasury.