Tohokushinsha Film Corporation
Notice on Share Buyback and treasury stock acquisition through off-market purchases under ToSTNeT-3
Maximum of 19,000,000 shares to be acquired (13.81% of issued shares), with total amount up to 11,000,000,000 yen, via ToSTNeT-3. Purposes are to enhance shareholder returns, improve capital efficiency, increase free float, and alleviate supply-demand. Acquisition planned to be completed by 8:45 AM on August 31, 2026. Controller Kamiya (Kusako) to be sold is the subject.
Key Figures
- Total number of shares to be acquired: 19,000,000 shares
- Ratio to issued shares: 13.81%
- Total acquisition value: 11,000,000,000 yen
AI要約
Share buyback to improve shareholder returns and capital efficiency
This acquisition is intended to prevent excessive temporary concentration of the controller shareholder Kusako’s holdings in the market when selling her stakes. The maximum number of shares is 19,000,000, up to 13.81% of issued shares, with a total cap of 11,000,000,000 yen, designed to also provide opportunities for other shareholders to sell.
Ensuring fairness, transparency, and independence
Transaction terms using ToSTNeT-3 are based on market prices and decided after the opinion of an independent outside directors' committee. Anti-conflict measures include excluding one first-degree relative from the deliberations, and stock value appraisal is conducted by an independent organization.
Tohoku Shinsha Co., Ltd.
Company overview · Stock price · Financial data · All IR
