Tokyo Gas completes share buyback program

Tokyo Gas (TSE:9531) announced today that it has completed its share repurchase program, as authorized by the board of directors on January 31, 2025. The company repurchased a total of 4,550,400 of its own common shares between February 5, 2025, and February 28, 2025. The aggregate purchase price for these shares amounted to ¥20,796,543,400. The buyback was executed through market purchases on the Tokyo Stock Exchange. The initial board resolution authorized the repurchase of up to 14 million shares for a total value of ¥40 billion by March 31, 2025, representing approximately 3.6% of the outstanding shares.