Maezawa Kyuso Industries Co.,Ltd.
Notice of Treasury Stock Acquisition and Purchase of Treasury Stock through Off-Exchange Trade (ToSTNeT-3)
Based on the resolution of the board of directors held today, to improve capital efficiency and expand shareholder returns, treasury stock of 400,000 shares (1.96% of issued shares) will be acquired with a maximum total amount of 642 million yen. The acquisition method is ToSTNeT-3 off-exchange purchase, and the acquisition price is the closing price of 1,605 yen. The acquisition results are scheduled to be announced at 8:45 a.m.
Key Figures
- Total number of treasury shares to be acquired: 400,000 shares (upper limit)
- Total acquisition value: 642 million yen (upper limit)
- Type of shares to be acquired: Common stock
AI要約
Section Heading
The company has decided to acquire treasury stock to enhance shareholder returns and improve capital efficiency. The acquisition was formally approved at today’s board meeting, and purchase will be made using ToSTNeT-3. The acquisition limit is 400,000 shares (1.96% of issued shares), with a total limit of 642 million yen. The acquisition price is based on the closing price of 1,605 yen (including the last special quote). The implementation of the acquisition may be partially or fully postponed depending on market conditions after today.
Section 2 Heading
Specific acquisition schedule and results will be announced after the close of trading at 8:45 a.m. As of now, the total number of treasury shares outstanding is 20,357,929 out of the issued shares, with 1,142,071 treasury shares, and this acquisition is positioned as an additional treasury stock to this total. For investors, the focus is on mitigating dilution and improving capital efficiency to enhance shareholder returns.
Maezawa Packing & Equipment Industry Co., Ltd.
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