Isetan Mitsukoshi Holdings Ltd.
Notice Regarding the Resolution of Treasury Stock Acquisition 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)
Plan to purchase up to 18,000,000 shares of treasury stock (5.1% of total outstanding shares) via market purchases capped at 300 billion yen from February 9, 2026 to February 8, 2027, with all acquired shares scheduled for cancellation on February 26, 2027.
Key Figures
- Total number of shares to be acquired: 18,000,000 shares (maximum, 5.1% of total outstanding shares)
- Total acquisition value of shares: 30,000,000,000 yen (maximum)
- Acquisition period: 2026-02-09 to 2027-02-08
- Scheduled cancellation date: 2027-02-26
- Number of treasury stock as of 2025-12-31: 15,808,619 shares
AI要約
Overview of Treasury Stock Acquisition and Cancellation
Isetan Mitsukoshi Holdings Ltd., by resolution of the Board of Directors on February 6, 2026, decided to conduct market purchases of up to 18,000,000 ordinary shares (5.1% of total outstanding shares) of treasury stock with a maximum limit of 30,000,000,000 yen as part of its long-term enhancement of corporate value and shareholder returns. The acquisition period is scheduled from February 9, 2026 to February 8, 2027. All acquired treasury shares are planned to be cancelled on February 26, 2027.
Shareholder Return Policy and Impact
In the company's Medium-Term Management Plan Phase I (fiscal years ending March 2026 to March 2028), the company aims for a total return ratio of over 70%, combining dividends and treasury stock acquisitions. This treasury stock acquisition and cancellation measure is intended to suppress dilution of outstanding shares and enhance shareholder value. As of December 31, 2025, the company held 15,808,619 shares of treasury stock, which will increase following this acquisition before being cancelled.
