Maruichi Steel Tube Ltd.

2026/02/17 Updated
Market Cap: $2.3B (¥350.3B)
Stock Price: $10.33 (¥1,579)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding Status of Treasury Stock Acquisition (Based on the Provisions of Article 459, Paragraph 1, Item 1 of the Companies Act)

Between January 1 and January 31, 2026, 780,700 shares of treasury stock were acquired, with a total acquisition cost of 1,193,043,000 yen. The cumulative number of shares acquired is 8,278,100 shares, and the cumulative acquisition cost is 11,035,768,300 yen.

Importance:
Page Updated: February 3, 2026
IR Disclosure Date: February 3, 2026

Key Figures

  • Number of Shares Acquired (January 1 – January 31, 2026): 780,700 shares
  • Total Acquisition Cost (January 1 – January 31, 2026): 1,193,043,000 yen
  • Cumulative Number of Shares Acquired (June 23, 2025 – January 31, 2026): 8,278,100 shares

AI要約

Overview of Treasury Stock Acquisition

Maruichi Steel Tube Ltd. acquired 780,700 shares of treasury stock through market purchases on the Tokyo Stock Exchange during the period from January 1 to January 31, 2026, in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act. The total acquisition cost amounted to 1,193,043,000 yen. The shares acquired are ordinary shares of the company and the acquisition was conducted within the authorized limit of 9,000,000 shares (3.92% of the total issued shares) and 12 billion yen total acquisition cost, as resolved by the Board of Directors on May 9, 2025.

Cumulative Acquisition Status and Future Outlook

As of January 31, 2026, a cumulative total of 8,278,100 shares of treasury stock have been acquired at a total cost of 11,035,768,300 yen. The acquisition period is from June 23, 2025, to March 31, 2026, with plans to continue acquisitions via market purchases and off-auction own share buyback transactions (ToSTNet-3). Additionally, a stock split at a ratio of 3-for-1 became effective on October 1, 2025, and the upper limit on the number of shares to be acquired has been adjusted accordingly.

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