Nihon Tokushu Toryo Co., Ltd.
Notice Regarding the Acquisition of Treasury Stock and Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3)
Nippon Special Paint resolved at its Board of Directors meeting on March 18, 2026, to acquire up to 150,000 shares of treasury stock, with an upper limit of 353,100,000 yen, and plans to announce results on March 19, 2026.
Key Figures
- Upper limit of shares to be acquired: 150,000 shares (0.69% of total issued shares)
- Upper limit of acquisition price: 353,100,000 yen
- Total issued shares (excluding treasury stock): 21,546,122 shares
AI要約
Overview of Treasury Stock Acquisition
Nippon Special Paint Co., Ltd. resolved at its Board of Directors meeting on March 18, 2026, to acquire treasury stock pursuant to Article 156 of the Companies Act. The purpose of the acquisition is to strengthen shareholder returns based on the medium-term management plan and to respond to changes in the management environment. The acquisition will be conducted through a commissioned purchase on the Off-Auction Own Share Repurchase Trading (ToSTNeT-3) at the Tokyo Stock Exchange at 8:45 a.m. on March 19, 2026, using the closing price of 2,354 yen as of March 18, 2026, as a reference price.
Details of Acquisition and Future Schedule
The shares to be acquired are common shares of the Company, with an upper limit of 150,000 shares and an upper limit of acquisition price of 353,100,000 yen. The ratio to total issued shares (excluding treasury stock) is 0.69%. The acquisition results will be announced after the market closes at 8:45 a.m. on March 19, 2026. Please note there is a possibility that some or none of the shares may be acquired depending on market conditions.
