TOKYO, Mar 23 (Pulse News Wire) – TODA KOGYO CORP. (410A.T) decided on a share buyback program during its board meeting held .
The program aims to enhance capital efficiency and shareholder returns while maintaining flexibility in capital policy. Under the plan, the company intends to purchase up to 166,000 shares, representing 3.00% of the outstanding shares excluding treasury stock. The total amount allocated for the buyback is capped at ¥265.6 million.
The buyback period will run from March 23, 2026 to April 01, 2026. The primary objectives of this initiative include improving earnings per share (EPS) and return on equity (ROE), aligning growth investments with robust financial stability, and executing flexible capital strategies based on market conditions. Additionally, the company noted that the execution of the buyback could vary depending on market trends, and there is a possibility that part or all of the planned buybacks might not occur.
As of March 23, 2026, the company holds zero treasury shares out of a total of 5,530,536 outstanding shares excluding treasury stock.
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