Takamatsu Machinery Co., Ltd. (TSE:6155) announces a share repurchase program. Under the program, the company will repurchase 160,000 shares, representing 1.47% of its share capital, for ¥100 million. The company will repurchase its shares in order to carry out flexible capital policy in response to changes in the business environment.

The program will run until March 31, 2024. As of September 30, 2023, the company had 10,850,621 shares outstanding (excluding treasury shares) and 169,379 shares in treasury.