Tokyu Corporation executes share buybacks under pre-existing resolution

Tokyu Corporation (TSE:9005) announced today that it acquired 174,700 of its own common shares for a total value of JPY296,897,948 between June 1 and June 30, 2025. These acquisitions were made through market purchases, in accordance with Article 156 of the Companies Act as applied by paragraph 3 of Article 165. The move is part of a larger share buyback program authorized by the Board of Directors on May 14, 2025. Under this resolution, Tokyu is authorized to acquire up to 6,500,000 shares, representing 1.13% of its outstanding shares, for a total acquisition price of up to JPY10 billion. The buyback program is set to run from May 15, 2025, to March 31, 2026, via market purchases. As of June 30, 2025, Tokyu has acquired a cumulative total of 333,300 shares at a total value of JPY566,321,096 under this resolution.