Japan Transcity Corporation
Notice Regarding the Results of Treasury Stock Acquisition through Off-Auction Own Share Repurchase Transaction (ToSTNeT-3), Completion of Acquisition, and Cancellation of Treasury Stock
On March 2, 2026, Nippon Transcity Corporation acquired 736,900 shares of treasury stock (1.2% of total issued shares) for approximately 999.973 million yen, with cancellation scheduled on March 16, 2026.
Key Figures
- Number of shares acquired: 736,900 shares (1.2% of total issued shares)
- Total acquisition price: 999,973,300 yen
- Scheduled cancellation date: March 16, 2026
AI要約
Overview of Treasury Stock Acquisition
Nippon Transcity Corporation acquired 736,900 shares of common stock (1.2% of total issued shares) through the Off-Auction Own Share Repurchase Transaction (ToSTNeT-3) on the Tokyo Stock Exchange on March 2, 2026, at a total price of 999,973,300 yen. This acquisition was based on the Board resolution dated February 27, 2026, conducted within the approved maximum number of shares and acquisition price limits.
Overview of Treasury Stock Cancellation and Future Outlook
The acquired 736,900 shares of treasury stock are scheduled to be cancelled on March 16, 2026. The cancellation will reduce the number of issued shares by 1.2%, aiming to enhance shareholder value. This treasury stock acquisition and cancellation is positioned as part of a capital policy to improve capital efficiency.
