TKC Corporation (TSE:9746) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 1.14% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,181 million. The shares will be repurchased at a price of ¥3,635 per share.

The purpose of the program is to improve capital efficiency and enhance shareholder returns. The repurchased shares will be cancelled.