TOYO Corporation
Notice Regarding Resolution on Treasury Stock Acquisition and Cancellation of Treasury Shares
To improve capital efficiency and shareholder returns, treasury stock will be acquired (maximum 1,100,000 shares, up to 15 billion yen, period from 2026/08/06 to 2026/12/30) and simultaneously 4,000,000 shares will be canceled (approximately 15.33% of issued shares; scheduled for 9/18). Current treasury holdings amount to about 4,476,217 shares.
Key Figures
- Treasury stock acquisition upper limit: 1,100,000 shares
- Total amount for treasury stock acquisition upper limit: 15 billion yen
- Cancellation total shares: 4,000,000 shares
- Issued shares after cancellation: 22,085,000 shares
- Issued shares (excluding treasury stock): 21,608,783 shares
AI要約
Key points of capital policy
Toyo Technica has resolved to pursue a policy of simultaneously acquiring and canceling treasury stock to improve capital efficiency and strengthen shareholder returns. The acquisition upper limit is 1,100,000 shares (5.09% of issued shares), the acquisition total amount is up to 15 billion yen, and the acquisition period is from August 6, 2026 to December 30, 2026. The cancellation target is 4,000,000 shares, and the number of issued shares after cancellation will be 22,085,000, while issued shares (excluding treasury stock) will be 21,608,783. As of now, held treasury shares amount to 4,476,217 shares.
Market impact and shareholder returns
The large-scale cancellation of treasury stock is expected to reduce potential dilution and improve transparency of capital policy. The scheduled cancellation date is September 18, 2026, and this is likely to contribute to stabilizing capital structure and sustaining shareholder returns.
Toyo Technica Co., Ltd.
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