TOW Announces Share Repurchase and Cancellation

TOKYO, Aug 07 (Pulse News Wire) – TOW CO.,LTD. (4767.T) announced that its board of directors, held on August 07, 2026, resolved to repurchase and cancel shares based on Article 178 of the Companies Act.

According to the resolution: 1. Type of Shares: Ordinary shares of TOW CO.,LTD. 2. Total Number of Shares to Be Cancelled: 5,000,000 (representing 10.21% of the total outstanding shares prior to cancellation). 3.

Scheduled Cancellation Date: August 31, 2026. Following the cancellation, the total number of outstanding shares of TOW CO.,LTD. will be 43,969,096. This action aligns with the company's strategic initiatives aimed at enhancing shareholder value and optimizing capital structure. CFO and Executive Director Masafumi Matsuzoe stated, “We believe this move will contribute positively to our long-term growth strategy.”.