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 Results and Completion of Share Buyback via Off-Auction Own Share Purchase Transaction (ToSTNeT-3)

On February 2, 2026, the company acquired 5,392,700 shares through a share buyback totaling approximately 30 billion yen, concluding the acquisition based on the board resolution dated January 29.

Importance:
Page Updated: February 2, 2026
IR Disclosure Date: February 2, 2026

Key Figures

  • Number of Shares Acquired: 5,392,700 shares (acquired)
  • Total Acquisition Price: 29,999,590,100 yen
  • Acquisition Period: February 2, 2026 to February 6, 2026 (completed)

AI要約

Overview of Share Buyback

Kandenko Co., Ltd. implemented a share buyback to strengthen shareholder returns and improve capital efficiency based on the board resolution dated January 29, 2026. The acquisition method used was the Tokyo Stock Exchange's Off-Auction Own Share Purchase Transaction (ToSTNeT-3). On February 2, 2026, 5,392,700 shares were acquired at a total price of 29,999,590,100 yen. As a result, the share buyback under this board resolution has been completed.

Shareholder Return Policy and Future Impact

The company announced its management policy in April 2025 focusing on capital costs and stock price, targeting a dividend payout ratio of around 40% for stable dividends. This share buyback also aims to mitigate supply-demand impacts from the public offering of common shares announced on January 29, 2026. The acquisition limit was 7,500,000 shares, with a period from February 2 to 6, 2026, but the buyback has been completed at this time.

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