Ferrotec Corporation
Notice Regarding the Current Policy on Treasury Stock Acquisition
Decided on a policy to conduct treasury stock acquisitions up to a maximum of 25 billion JPY from the fiscal years ending March 2027 through March 2029.
Key Figures
- Share Buyback Upper Limit: 25 billion JPY (Fiscal Years Ending March 2027 to March 2029)
- Consolidated Dividend on Equity (DOE) Lower Limit: 3.5% (Established March 19, 2025)
- Total Shareholder Return Ratio Target: 50%
AI要約
Overview of Capital Policy
Ferrotec Corporation has decided on the current policy concerning treasury stock acquisition with the aim of enhancing shareholder returns. On March 19, 2025, the company revised its shareholder return policy by adopting a consolidated Dividend on Equity (DOE) and setting a lower threshold of 3.5%. Based on this, the company plans to flexibly execute treasury stock acquisitions up to a maximum of 25 billion JPY from the fiscal years ending March 2027 through March 2029.
Impact on Shareholders and Future Outlook
The treasury stock acquisition is conducted as part of shareholder returns and is included in the company’s policy targeting a total shareholder return ratio of 50%. Specific implementations of the acquisition will be decided by the board of directors each time, considering the business environment and stock price levels, with announcements made upon execution. This is expected to enhance shareholder value.
