TKC Corporation announces enhanced shareholder return policy with buybacks, sustained dividends

TKC Corporation announced a new shareholder return policy, aiming to improve capital efficiency and achieve a Return on Equity (ROE) of 11.0% or more. The policy, effective from the 60th fiscal period (ending September 2026) to the 64th fiscal period (ending September 2030), will be reviewed upon its conclusion.

The new policy includes a plan for share repurchases, with a maximum acquisition amount of JPY 15 bn and up to 3.5 million shares. These acquisitions will be executed flexibly, subject to board approvals and market conditions.

Additionally, TKC will maintain a dividend policy targeting a payout ratio of 50% (on a non-consolidated basis). The company is committed to continuing its streak of dividend increases, aiming for an 11th consecutive year of growth from the 49th fiscal period (ended September 2015) onwards.