Terilogy Holdings Corporation (TSE:5133) announces a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares, representing 7.01% of its issued and outstanding shares of its common stock, for ¥300 million. The share repurchase program is aimed at enhancing shareholder returns and improving capital efficiency while executing flexible capital policies that respond to changes in the business environment.

The plan will be valid up to March 24, 2023. As on December 31, 2022, the company had 17,111,742 shares issued and outstanding and no shares in its treasury.