Toell Co.,Ltd. (TSE:3361) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 0.73% of its issued share capital (excluding treasury stock), for ¥130.35 million. The shares will be repurchased at a price of ¥869 per share.

The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. The program will run until March 14, 2022. As of February 28, 2022, the company had 20,549,266 shares in issue (excluding treasury stock) and 1,074 shares in treasury.