Tokyo Theatres Company, Incorporated (TSE:9633) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 1.22% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to return profits to shareholders by improving capital efficiency and to enable flexible capital policy implementation in response to changes in the business environment.

The program will run until April 30, 2023. As of September 30, 2022, the company had 7,369,946 shares in issue (excluding treasury stock) and 643,054 shares in treasury.