Hokuhoku Financial Group, Inc.
Notice Regarding the Resolution on Treasury Stock Acquisition and Cancellation of Treasury Stock (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act and Cancellation of Treasury Stock Based on the Provisions of Article 178 of the Companies Act)
The Company will acquire up to 1,700,000 ordinary shares on the Tokyo Stock Exchange between January 6, 2026, and April 17, 2026, with an upper limit of 6 billion yen, aiming to enhance shareholder returns and capital efficiency. The acquired shares are scheduled to be cancelled on April 30, 2026.
Key Figures
- Number of Shares to be Acquired: 1,700,000 shares (upper limit)
- Acquisition Price: 6 billion yen (upper limit)
- Acquisition Period: January 6, 2026 – April 17, 2026
- Purpose of Acquisition: Enhancing shareholder returns and improving capital efficiency and corporate value through agile capital policy
AI要約
Overview of Treasury Stock Acquisition
Hokuhoku Financial Group, Inc. will acquire up to 1,700,000 ordinary shares with a total acquisition price not exceeding 6 billion yen through market purchases on the Tokyo Stock Exchange during the period from January 6, 2026, to April 17, 2026. The number of shares to be acquired corresponds to 1.40% of the total number of outstanding shares (excluding treasury stock). After acquisition, all acquired treasury stock is scheduled to be cancelled on April 30, 2026.
Background and Purpose of Acquisition
The purpose of this treasury stock acquisition is to enhance shareholder returns and improve capital efficiency and corporate value through agile capital policy. This aims to optimize the capital structure and increase shareholder value.
