Glory Ltd.

6457.T
Specialty Industrial Machinery
2026/03/02 Updated
Market Cap: $1.4B (¥220.5B)
Stock Price: $26.61 (¥4,158)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding the Status of Treasury Stock Acquisition (Based on the Provision in Article 165, Paragraph 2 of the Companies Act)

From February 1 to February 28, 2026, 345,400 shares of treasury stock were acquired at a total acquisition price of 1,413,079,100 yen. The cumulative number of shares acquired is 3,380,500 shares, with a total acquisition price of 12,314,001,600 yen.

Importance:
Page Updated: March 2, 2026
IR Disclosure Date: March 2, 2026

Key Figures

  • Acquisition Period: February 1, 2026 – February 28, 2026
  • Number of Shares Acquired (during period): 345,400 shares
  • Cumulative Number of Shares Acquired: 3,380,500 shares

AI要約

Overview of Capital Policy

Glory Limited has been conducting treasury stock acquisitions based on a resolution of the Board of Directors dated May 13, 2025, during the period from May 14, 2025 to May 13, 2026. Between February 1 and February 28, 2026, 345,400 shares of treasury stock were acquired through market purchases on the Tokyo Stock Exchange at a total acquisition price of 1,413,079,100 yen. The cumulative total has reached 3,380,500 shares with an acquisition price totaling 12,314,001,600 yen. The acquisition limit is set at 6,000,000 shares with a total acquisition price limit of 15,000,000,000 yen.

Impact on Shareholders and Future Outlook

The treasury stock acquisitions are conducted with an upper limit of approximately 10.4% of the total number of issued shares (excluding treasury stock) aiming to enhance shareholder value. The acquisition method is market purchase, and acquisitions are expected to continue within the scope of Board of Directors resolutions. This is expected to improve the value per share and strengthen shareholder returns; however, specific details about the use of funds and further impacts are not provided.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.