Odakyu Electric Railway Co., Ltd.

2026/09/18 Updated
Market Cap: $4.0B (¥624.8B)
Stock Price: $11.72 (¥1,826)
Exchange Rate: 1 USD = ¥155.76

Notice Regarding Share Buyback

From August 1, 2026 to August 31, 2026, ordinary shares were acquired totaling 1,619,000 shares with a total acquisition price of 2,786,313,522 yen. As an upper limit, at the May 13 board meeting, an aggregate limit of 20,000,000,000 yen and up to 16,000,000 shares (4.60% of outstanding shares) were set; cumulatively, 6,453,000 shares with a total of 10,914,227,181 yen have been acquired to date. Transactions were conducted on the Tokyo Stock Exchange through market purchases.

Importance:
Page Updated: September 1, 2026
IR Disclosure Date: September 1, 2026

Key Figures

  • 1,619,000 shares: shares acquired at this time
  • 2,786,313,522 yen: total amount acquired at this time
  • 6,453,000 shares: cumulative number of shares acquired (as of 2026-08-31)

AI要約

Section Title

This is a notice disclosed pursuant to Article 165, Paragraph 2 of the Companies Act and the corresponding interpretive provisions, regarding the status of share buybacks. The shares acquired are ordinary shares, with a total acquisition of 1,619,000 shares and a total amount of 2,786,313,522 yen. The acquisition period was from August 1, 2026 to August 31, 2026, and the method was market purchases on the Tokyo Stock Exchange. For reference, at the May 13 board meeting, an upper limit of up to 16,000,000 shares (4.60% of outstanding shares) and up to 20,000,000,000 yen was set, and the cumulative acquisitions to date are 6,453,000 shares for a total of 10,914,227,181 yen.

Section 2

This share repurchase is part of the company's capital policy with the aim of enhancing shareholder returns or improving capital efficiency, and future progress of additional acquisitions is a point of focus. Because this is conducted via a market purchase method, it is vulnerable to market trends and stock price levels, and progress can be assessed by comparing with the cumulative upper limit. The timing of future disclosures, whether additional acquisitions will occur, and the articulation of the acquisition purpose may influence investment decisions.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Odakyu Electric Railway Co., Ltd.

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