Raito Kogyo Co., Ltd.
Notice on the Resolution Regarding the Acquisition of Treasury Stock and Cancellation of Treasury Stock (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act for Acquisition of Treasury Stock and Article 178 of the Companies Act for Cancellation of Treasury Stock)
Light Industries Co., Ltd. will conduct a share buyback of up to 2,300,000 shares with a limit of 7,000,000,000 yen from February 6, 2026, to December 31, 2026, and plans to cancel all acquired shares on January 29, 2027.
Key Figures
- Total number of shares that may be acquired: 2,300,000 shares (upper limit, 5.37% of total outstanding shares)
- Total value of shares to be acquired: 7,000,000,000 yen (upper limit)
- Scheduled cancellation date: January 29, 2027
AI要約
Overview of Capital Policy
Light Industries Co., Ltd. resolved to conduct a share buyback by purchasing up to 2,300,000 shares in the market at a maximum acquisition price of 7,000,000,000 yen during the period from February 6, 2026, to December 31, 2026, aiming to enhance shareholder returns and improve capital efficiency. The number of shares to be acquired corresponds to 5.37% of the total outstanding shares (excluding treasury stock). After the acquisition, all acquired shares are scheduled to be canceled on January 29, 2027.
Impact on Shareholders and Future Outlook
The acquisition and cancellation of treasury stock will reduce the number of outstanding shares, expected to enhance per-share value and improve capital efficiency. The exact number of shares to be canceled will be notified after completion of the acquisition, with up to 2,300,000 shares expected to be canceled. While reinforcing shareholder returns, attention should be paid to changes in the capital structure.