Toda Corporation
Notice Regarding the Resolution on Share Buyback (Acquisition of Treasury Stock Based on the Provision of Article 165, Paragraph 2 of the Companies Act)
Toda Corporation plans to acquire up to 7,000,000 shares (2.30% of the total issued shares) of treasury stock through market purchases from February 16, 2026 to March 31, 2026, with a total purchase amount not exceeding 7 billion yen, and all acquired shares will be cancelled.
Key Figures
- Maximum Number of Shares to be Acquired: 7,000,000 shares (2.30% of total issued shares)
- Maximum Acquisition Amount: 7,000,000,000 yen
- Acquisition Period: 2026-02-16 to 2026-03-31
AI要約
Overview of Capital Policy
Toda Corporation resolved, at the Board of Directors meeting on February 13, 2026, to acquire treasury stock based on the provision of Article 165, Paragraph 3 of the Companies Act as part of its shareholder return policy. The acquisition target is the company's common stock, up to 7,000,000 shares (2.30% of the total issued shares) with a total purchase price not exceeding 7,000,000,000 yen. The acquisition period will be from February 16, 2026 to March 31, 2026, conducted through market purchases on the Tokyo Stock Exchange.
Shareholder Returns and Future Outlook
This share buyback is intended to enhance shareholder returns and improve capital efficiency based on the shareholder return policy in the Medium-Term Management Plan 2027 (aiming for DOE of 3.5% or more and a total return ratio of approximately 70%). All acquired treasury shares are scheduled to be cancelled by resolution of the Board of Directors, which is expected to prevent share dilution and enhance shareholder value. As of December 31, 2025, the number of treasury shares held was 18,817,468 shares.
