Kandenko Co.,Ltd.

1942.T
Engineering & Construction
2026/02/16 Updated
Market Cap: $8.5B (¥1.3T)
Stock Price: $41.48 (¥6,342)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding Acquisition of Treasury Stock through Off-Auction Own Share Purchase Transaction (ToSTNeT-3)

Planned acquisition of up to 5,392,700 treasury shares (2.64% of total issued shares) through off-auction purchase at closing price of 5,563 yen on February 2, 2026.

Importance:
Page Updated: January 30, 2026
IR Disclosure Date: January 30, 2026

Key Figures

  • Maximum Number of Treasury Shares to be Acquired: 5,392,700 shares (2.64% of total issued shares)
  • Total Acquisition Price (Maximum): 30 billion yen
  • Acquisition Period: From February 2, 2026 to February 6, 2026

AI要約

Overview of Capital Policy

Kandenko Co., Ltd. will conduct acquisition of treasury stock through an off-auction own share purchase transaction (ToSTNeT-3) based on the board resolution dated January 29, 2026. The target shares are the company’s common stock with an acquisition limit of 5,392,700 shares (2.64% of total issued shares). The total acquisition price is capped at 30 billion yen, with the acquisition period set from February 2 to February 6, 2026. The purchase will be conducted on the Tokyo Stock Exchange's ToSTNeT-3 platform, and the acquisition results will be announced after the market closes at 8:45 a.m. on February 2, 2026.

Impact on Shareholders and Future Outlook

This treasury stock acquisition will increase the proportion of treasury shares relative to the total issued shares, which is expected to enhance per-share value and improve capital efficiency. Although partial or full acquisition may not be completed depending on market conditions, all matters related to the acquisition have been delegated to President Hirofumi Tabogami. The announcement of future acquisition results is expected to clarify the specific number of shares acquired and details of the use of funds.

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