Sato Shoji Corporation
Notice Regarding Resolution on the Acquisition of Treasury Stock
The Board of Directors resolved to acquire treasury stock under certain conditions. Up to 300,000 shares, equivalent to 1.45% of outstanding shares, with a maximum total acquisition amount of 900 hundred million yen. Acquisition date is November 6, 2026, to be purchased on ToSTNeT-3. Authority delegated to the Representative Director. The acquisition may not be conducted depending on market conditions.
Key Figures
- Total number of shares to be acquired: Up to 300,000 shares
- Percentage of outstanding shares (excluding treasury stock): 1.45%
- Total amount of funds for share acquisition: Up to 900,000,000 yen
AI要約
Summary of Capital Policy
This matter concerns the resolution to acquire treasury stock for the purpose of executing a flexible capital policy. The target is the Company's common shares, with an acquisition limit of up to 300,000 shares (1.45% of outstanding shares) and a maximum total amount of 900 hundred million yen. The acquisition method is purchases on ToSTNeT-3, and the acquisition date is November 6, 2026. All matters related to the acquisition are delegated to the Representative Director. It is also stated that the acquisition may be suspended depending on market conditions.
Impact on Shareholders and Outlook
The treasury stock acquisition is part of a capital policy aimed at enhancing shareholder value. Although specific dilution estimates are not provided, the percentage of outstanding shares and the maximum amount are indicated, and a policy of flexible response is presented. Note that whether the acquisition is executed will depend on market conditions.
Sato Shoji Corporation
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