Tokyo Gas completes first phase of share buyback program

Tokyo Gas Co., Ltd. (TSE:9531) today announced the successful acquisition of treasury stock under its previously announced buyback program. Between April 1, 2025, and April 30, 2025, the company acquired 4,917,400 of its own shares for a total cost of JPY23,094,482,800. This buyback is part of a larger initiative approved by the Board of Directors on March 26, 2025, which allows the company to acquire up to 35,000,000 shares for a maximum total of JPY120,000,000,000 between April 1, 2025 and September 30, 2025. The acquisitions were made through market purchases on the Tokyo Stock Exchange. This progress report reflects the company's commitment to enhancing shareholder value through strategic capital management.