Daito Trust Construction Co.,Ltd.

1878.T
Real Estate - Diversified
2026/02/17 Updated
Market Cap: $7.4B (¥1.1T)
Stock Price: $22.45 (¥3,433)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding the Purchase of Treasury Stock through Off-Auction Tender Offer Transaction (ToSTNeT-3) (Share Buyback via Commitment-Type Treasury Stock Acquisition (FCSR))

On February 10, 2026, the company plans to acquire approximately 25 billion yen worth of treasury stock, totaling 7,256,800 shares (2.2% of outstanding shares), at a reference price of 3,445 yen per share through a commitment-type Treasury Stock Acquisition (FCSR).

Importance:
Page Updated: February 9, 2026
IR Disclosure Date: February 9, 2026

Key Figures

  • Scheduled Acquisition Amount: 24,999,676,000 yen
  • Scheduled Number of Shares to be Acquired: 7,256,800 shares (2.2% of outstanding shares)
  • Reference Price: 3,445 yen (Closing price on February 9, 2026)

AI要約

Overview of Treasury Stock Acquisition

Daito Trust Construction Co., Ltd. has decided to acquire approximately 7,256,800 shares of treasury stock (2.2% of outstanding shares), equivalent to about 25 billion yen, at a reference price of 3,445 yen per share on February 10, 2026, through an off-auction tender offer transaction (ToSTNeT-3). This is aimed at improving capital efficiency and returning profits to shareholders. The acquisition will be conducted via a commitment-type Treasury Stock Acquisition (FCSR) method, facilitated through Nomura Securities to ensure a secure purchase.

Commitment-Type Treasury Stock Acquisition (FCSR) and Issuance of Stock Acquisition Rights

This acquisition involves Nomura Securities borrowing shares from the securities lending market and placing sell orders, with the company conducting an adjustment transaction later based on the average market price. In conjunction with this adjustment, the company will issue stock acquisition rights free of charge to Nomura Capital Investment Co., Ltd. through a third-party allotment. Depending on stock price fluctuations, the company will either deliver shares or acquire them without compensation. The exercise period for these stock acquisition rights is from April 24 to July 27, 2026, and there will be no increase in the number of shares available for trading in the market.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.