Meito Co., Ltd.

2026/09/22 Updated
Market Cap: $354.3M (¥55.7B)
Stock Price: $21.94 (¥3,450)
Exchange Rate: 1 USD = ¥157.23

Announcement Regarding Share Buyback Status

Subject is the status of share buyback. Implementation period is August 1, 2026 to August 31, 2026; shares acquired 75,900 shares; total acquisition value 259,852,993 yen. In the previous resolution, up to 800,000 shares (4.91% of outstanding shares) with a cap of 2 billion yen, and the period was from May 15, 2026 to March 24, 2027. cumulatively as of August 31, 2026, 169,900 shares, total acquisition value 558,953,985 yen.

Importance:
Page Updated: September 21, 2026
IR Disclosure Date: September 2, 2026

Key Figures

  • 75,900 shares: This acquisition shares
  • 259,852,993 yen: This acquisition value total
  • 169,900 shares: Cumulative shares acquired (as of 2026-08-31)

AI要約

Overview of share buyback

Meito conducted the share buyback in accordance with the Companies Act and the Articles of Incorporation. The disclosed buyback covers August 1–31, 2026, acquiring 75,900 ordinary shares through market purchases, for a total of 259,852,993 yen. In the board resolution on May 14, 2026, the company had set a maximum of 800,000 shares and up to 2 billion yen, with a period from May 15, 2026 to March 24, 2027. Cumulatively, 169,900 shares, total amount 558,953,985 yen.

Impact on shareholder value and future outlook

This transaction is part of a program aimed at shareholder return and minimizing dilution. It is being conducted by market purchases, and a continuation of this approach is likely. Cumulative buybacks remain a portion of the upper limit, and any additional acquisitions in size or timing will depend on market conditions and the number of outstanding shares. Investors should monitor progress in dilution control and capital efficiency improvements.

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

Meito Co., Ltd.

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