Sumitomo Heavy Industries, Ltd.
Notice Regarding the Determination of Matters Concerning Treasury Stock Acquisition (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
Sumitomo Heavy Industries, Ltd. will conduct treasury stock acquisition through market purchase from March 2 to November 30, 2026, with an upper limit of 10 billion yen and 4 million shares (3.32% of total issued shares) to improve capital efficiency and enhance shareholder returns.
Key Figures
- Maximum number of shares to be acquired: 4 million shares (3.32% of total issued shares)
- Maximum total acquisition price: 10 billion yen
- Acquisition period: 2026-03-02 to 2026-11-30
AI要約
Overview of Capital Policy
Sumitomo Heavy Industries, Ltd. has decided to acquire treasury stock to enhance shareholder returns and improve capital efficiency based on its medium-term management plan. The target shares for acquisition are the company’s common shares, with an upper limit of 4 million shares, equivalent to 3.32% of the total issued shares. The total acquisition price is capped at 10 billion yen, and the acquisition period is approximately nine months, from March 2 to November 30, 2026. The acquisition method will be market purchase on the Tokyo Stock Exchange.
Impact on Shareholders and Current Status
As of January 31, 2026, the total number of issued shares excluding treasury stock stood at 120,316,853 shares, and the number of treasury shares was 2,588,628 shares. Through this treasury stock acquisition, the ratio of treasury shares to total issued shares is expected to increase, contributing to improved capital efficiency and strengthened shareholder returns. Additionally, 132,700 shares held in stock delivery trusts related to the stock compensation system for directors are not included in the treasury shares.
