Penta-Ocean Construction Co., Ltd.

1893.T
Engineering & Construction
2026/08/21 Updated
Market Cap: $2.4B (¥386.0B)
Stock Price: $8.98 (¥1,428)
Exchange Rate: 1 USD = ¥158.98

Notice of Resolution Regarding Share Buyback

Goyo Corporation has decided to acquire up to 3,600,000 shares, with a maximum amount of 5 billion yen, from May 11, 2026 to July 31, 2026.

Importance:
Page Updated: May 8, 2026
IR Disclosure Date: May 8, 2026

Key Figures

  • Total number of shares that can be acquired: 3,600,000 shares (upper limit, 1.3% of total issued shares)
  • Total acquisition cost: 50 billion yen (upper limit)
  • Acquisition period: May 11, 2026 to July 31, 2026

AI要約

Purpose and Reason for Share Buyback

Goyo Corporation aims to strengthen its management foundation for future growth through capital reinforcement, enhance profitability by investing in technology development and equipment investments, and increase corporate value. Additionally, it seeks to provide continuous and stable dividends to shareholders while also improving shareholder returns and capital efficiency through share buyback.

Details and Status of the Share Buyback

The targets are common shares, with a maximum of 3,600,000 shares (1.3% of total issued shares), with a total acquisition cost of up to 50 billion yen. The buyback will be conducted via open market purchases on the Tokyo Stock Exchange from May 11, 2026, to July 31, 2026. As of March 31, 2026, the company held 12,930,249 treasury shares.

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

Goyo Corporation

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