Kinden Corporation
Notice Regarding the Status and Completion of Treasury Stock Acquisition (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
Kinden Corporation acquired 130,700 shares of treasury stock from December 1 to December 23, 2025, with a total acquisition price of ¥869,446,493, completing the acquisition based on the board of directors' resolution.
Key Figures
- Number of Shares Acquired: 130,700 shares
- Acquisition Price: ¥869,446,493
- Acquisition Period: 2025-12-01 to 2025-12-23
- Purpose of Acquisition: Unknown
AI要約
Overview of Treasury Stock Acquisition
Kinden Corporation acquired 130,700 shares of its common stock through market purchases on the Tokyo Stock Exchange during the period from December 1 to December 23, 2025, based on the provisions of Article 156, as read in conjunction with Article 165, Paragraph 3 of the Companies Act. The total acquisition price amounted to ¥869,446,493, and the treasury stock acquisition resolved by the board of directors on January 31, 2025, was completed with this purchase.
Background and Purpose of Acquisition
Although the PDF does not specify details regarding the purpose of the acquisition, it was conducted based on a resolution by the board of directors and is generally presumed to aim at shareholder returns and improving capital efficiency. The type of shares acquired was common stock, with an acquisition limit of 4,500,000 shares, a total acquisition price cap of ¥10 billion, and an acquisition period set from February 3 to December 23, 2025.
