Innotech Corporation
Notice on the Status of Share Buyback (Share Buyback under the provisions of Article 165, Paragraph 2 of the Companies Act as per the company’s articles)
The acquired shares are common stock totaling 93,400 shares, with a total amount of 393,439,495 yen. The acquisition period is June 1, 2026 to June 30, 2026, and the purchase method is market purchase. For reference, at the May 14 board meeting, an upper limit of 1,000,000 shares (8.2% of outstanding shares) and an upper limit of 2,500,000,000 yen were set; as of June 30, 2026, the cumulative total is 140,000 shares and 594,013,993 yen.
Key Figures
- Total number of shares acquired: 93,400 shares
- Total amount of acquisition price: 393,439,495 yen
- Acquisition period: June 1, 2026 to June 30, 2026
- Cumulative acquired shares (as of June 30, 2026): 140,000 shares
- Cumulative acquisition value (as of June 30, 2026): 594,013,993 yen
AI要約
Overview of the share buyback
This is a notice regarding share buyback under the provisions of Article 156 of the Companies Act, interpreted as applicable in lieu of Article 165, Paragraph 3. The acquired shares are Inotec Co., Ltd.'s common stock, with a total of 93,400 shares and total amount of 393,439,495 yen. The acquisition period is from June 1, 2026 to June 30, 2026 (executed basis), and the method of purchase is market buyback on the Tokyo Stock Exchange. For reference, at the May 14 board meeting, an upper limit of 1,000,000 shares (8.2% of outstanding shares) and an upper limit of 2,500,000,000 yen were set; as of June 30, 2026, the cumulative total is 140,000 shares and 594,013,993 yen.
Impact on shareholders and future outlook
Share buybacks conducted via market purchases are likely aimed at enhancing shareholder value, potentially alleviating dilution and improving per-share metrics. The concentration of the trading period is short, and progress in cumulative share count and amount will be a focus for future IR materials. Note that the materials do not disclose the purpose of acquisition or use of funds; further disclosure could be beneficial.
Inotec Co., Ltd.
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