JVCKENWOOD Corporation

2026/03/03 Updated
Market Cap: $1.2B (¥185.1B)
Stock Price: $8.20 (¥1,281)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Status of Treasury Stock Acquisition

Acquired 1,071,800 shares of our common stock from February 4 to February 27, 2026. Total acquisition cost amounted to 1,361,915,100 yen.

Importance:
Page Updated: March 3, 2026
IR Disclosure Date: March 3, 2026

Key Figures

  • Number of Shares Acquired: 1,071,800 shares
  • Total Acquisition Cost: 1,361,915,100 yen
  • Acquisition Period: From 2026-02-04 to 2026-02-27 (Settlement Date Basis)

AI要約

Overview of Treasury Stock Acquisition

JVC Kenwood Corporation has acquired 1,071,800 shares of its common stock pursuant to Article 459, Paragraph 1 of the Companies Act. The total acquisition cost amounted to 1,361,915,100 yen. The acquisition period was from February 4 to February 27, 2026, and the acquisition method was market purchases on the Tokyo Stock Exchange. The board of directors has resolved an acquisition limit of 3 million shares, an acquisition cost cap of 3 billion yen, with the acquisition period set from February 4 to April 30, 2026.

Impact on Shareholders and Future Outlook

This acquisition was conducted through market purchases, and the number of shares acquired corresponds to approximately 35.7% of the upper limit. It is possible that treasury stock acquisitions will continue within the scope of the upper limit. This is considered part of shareholder returns aimed at improving capital efficiency. Acquisitions related to fractional share purchase demands are not included.

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