Nitchitsu Co., Ltd.

7021.T
Specialty Industrial Machinery
2026/11/13 19:59 Updated
Market Cap: $30.4M (¥4.9B)
Stock Price: $15.48 (¥2,473)
Exchange Rate: 1 USD = ¥159.74

Notice of Acquisition of Treasury Stock and Purchase of Treasury Stock Through Off-Market Tender Offer (ToSTNeT-3)

Based on a board resolution, Nitchitsu Co., Ltd. will acquire up to 15,000 shares of common stock (0.7% of issued shares) via ToSTNeT-3 to enable agile capital policy execution and utilize incentives for the employee shareholding plan. The maximum acquisition amount is 37,095,000 yen and the acquisition period runs until 2026-11-16 08:45.

Importance:
Page Updated: November 14, 2026
IR Disclosure Date: November 13, 2026

Key Figures

  • Total number of shares to be acquired: 15,000 shares (upper limit)
  • Total acquisition price: 37,095,000 yen (upper limit)
  • Acquisition target: The company's common shares

AI要約

Overview of Capital Policy

At the board of directors meeting held today, the company resolved to acquire treasury stock pursuant to Article 165, Paragraph 3 of the Companies Act. The acquisition will be conducted through an off-market purchase using ToSTNeT-3. The target securities are the company's common shares, with an acquisition cap of 15,000 shares (0.7% of the total number of issued shares; total upper limit 37,095,000 yen). The purpose is to implement an agile capital policy and to utilize incentives through the employee shareholding association. Acquisition results are scheduled to be disclosed on 2026-11-16 at 08:45.

Expected Impact and Schedule

Following the resolution dated 2026-11-13, acquisitions will be executed as delegated orders during trading hours starting the same day, and the acquisition results will be announced in the afternoon of the same day. Depending on market conditions, some or all of the acquisitions may not be carried out. For reference at this time, as of 2026-10-31 the status of treasury stock holdings is: number of issued shares (excluding treasury stock) 2,117,910 shares; number of treasury shares 12,090 shares.

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

Nitchitsu Co., Ltd.

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