Tokyo Gas announces progress in share buyback program

Tokyo Gas (TSE:9531) announced today the progress of its share buyback program, initiated following a Board of Directors resolution on March 26, 2025. During the period from May 1, 2025, to May 31, 2025, the company acquired 4,645,900 shares of its common stock through market purchases on the Tokyo Stock Exchange. The total acquisition cost for these shares amounted to JPY21,995,054,400. This buyback is part of a larger program, previously announced, which aims to acquire up to 35,000,000 shares for a maximum total acquisition amount of JPY120,000,000,000 between April 1, 2025, and September 30, 2025. Cumulatively, as of May 31, 2025, Tokyo Gas has acquired a total of 9,563,300 shares at an aggregate price of JPY45,089,537,200 under this program.